10 years after joining the European Union in 2013, on 1 January 2023, Croatia entered the Eurozone. As it is replaced by the Euro, the Croatian old currency, the Kuna (HRK), will slowly become an object, yet a device full of history.   

Since 5 September 2021, prices in both currencies have been displayed and dual circulation of EUR and HRK banknotes was allowed until two weeks before the introduction day of the Euro. So now, only the euro remain accepted for use.    

Which history lies behind the Kuna? What will be the impact of the introduction of the Euro on the business relations of the country? Which challenges need Croatia to focus on after joining the Eurozone?  

Sebastian Schäffer (IDM) tackled these questions with Mario Holzner - Executive Director of the wiiw. 

Our guest recommendation:    

Check out the various memes existing on social media making fun of the potential designs of the Croatian euro coin. 

Host: Sebastian Schäffer, Managing Director at IDM  

Production and editing: Emma Hontebeyrie, Research Associate at IDM and Gloria Becerril, IDM trainee and student at University Padua.  

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