Diario Oficial de la Unión Europea del 21/6/2022 - Comunicaciones e Informaciones
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Source: Diario Oficial de la Unión Europea - Comunicaciones e Informaciones
EN
21.6.2022
Official Journal of the European Union
C 238/1
I
Resolutions, recommendations and opinions
RECOMMENDATIONS
COUNCIL
RECOMMENDATION OF THE MEMBERS OF THE COUNCIL REPRESENTING MEMBER STATES
WHOSE CURRENCY IS THE EURO
of 17 June 2022
to the Council on the adoption by Croatia of the euro on 1 January 2023
2022/C 238/01
THE MEMBERS OF THE COUNCIL OF THE EUROPEAN UNION REPRESENTING MEMBER STATES WHOSE CURRENCY IS THE EURO,
Having regard to the Treaty on the Functioning of the European Union, and in particular the second subparagraph of Article 1402 thereof, Having regard to the proposal from the European Commission, Having regard to the report from the European Commission, Having regard to the report from the European Central Bank, Whereas:
1
In the light of their assessment, the Members of the Council representing Member States whose currency is the euro share the Commissions view that Croatia has achieved legal compatibility and respects the convergence criteria and, also taking into account the additional factors, consider that Croatia fulfils the necessary conditions for the adoption of the euro.
2
Referring also to the Commissions and the European Central Banks convergence assessment, the Members of the Council representing Member States whose currency is the euro also stress the importance of the successful completion of the commitments made upon entry into the Exchange Rate Mechanism II and underline that policies need to be fully geared towards meeting the challenge of maintaining sustainable convergence, and in particular inflation convergence, of the Croatian economy in the long-run. To that end, they encourage the Croatian authorities to continue pursuing a fiscal policy that aims to achieve a prudent medium-term fiscal position and to proceed with the implementation of Croatias Recovery and Resilience Plan, so as to ensure a successful participation in the euro area.
3
The Members of the Council representing Member States whose currency is the euro expect Croatia to cooperate constructively in matters pertaining to European Stability Mechanism governance, euro area crisis management and the completion of the Economic and Monetary Union architecture,
