Makroekonomické motivy vstupu Chorvatska do eurozóny

There can be many advantages and disadvantages to adopting a common currency, and it is up to each country to consider whether or not it is worth adopting. Both economic and political motives play a role in a country's decision. A country that has recently faced such a decision was Croatia. It is a small, open economy that officially applied to become a member of the eurozone in 2018. Despite its large debt burden, Croatia managed to meet all the Maastricht convergence criteria, making it the second country from the former Yugoslavia after Slovenia to take full advantage of European integration. With the replacement of the national currency with the euro in January 2023, Croatia has shown that the euro is still an attractive currency for European countries. The aim of this thesis is to identify and evaluate the main macroeconomic motives for Croatia's entry into the euro area. The thesis focuses on the integration of the Croatian economy with the euro area. The main theoretical concept is the optimum currency area theory, which defines the costs and benefits of a common currency.