Croatian governor cautious over banking union
Croatia will seek to join the eurozone as "soon as possible" but is in no rush to opt in to Europe's fledgling banking union, according to Boris Vujčić, the Croatian National Bank governor.
Croatia will become the European Union's twenty-eighth member on July 1 – the first country to join since Bulgaria and Romania in 2007 – and will ultimately be obliged to adopt the euro under the Maastricht convergence criteria.
In the meantime, however, it will have greater flexibility when it comes to
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