Summary: | Accession to the Economic and Monetary Union, although a historical process, is always a
current and dynamic one, its challenges being each time complex and distinct due to the different
circumstances in which this event occurs. The article's objective is to identify the degree of fulfilment
of the nominal economic convergence criteria for Croatia and the potential effects generated by its
accession to the Euro Area. Our results show that over the last two years, Croatia has fulfilled three
of the five nominal economic convergence criteria, with inflation and public debt being the indicators
exceeding the reference values. Based on the analysis, some challenges are identified that can
become subjects for future research.
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