CURRENT AFFAIRS

2023

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which country recently switched to euro from its kuna currency and became the 20th member of the Eurozone?
A
Slovenia
B
Croatia
C
Serbia
D
Romania
Explanation: 

Detailed explanation-1: -Published as part of the ECB Economic Bulletin, Issue 8/2022. On 1 January 2023 Croatia adopted the euro and became the 20th member of the euro area.

Detailed explanation-2: -Notes: Croatia is set to adopt the euro currency from the start of 2023 after meeting all the criteria to join the European Commission. This move will make Croatia the 20th European country to use the single currency.

Detailed explanation-3: -The Council adopted a recommendation which is the first part of a legal process which will enable Croatia to become a member of the euro area and to benefit from using our common currency, the euro, as of 1 January 2023. Croatia will be the 20th EU member state to adopt the euro as its currency.

There is 1 question to complete.