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  • Eurozone enlargement in the Balkans

    Nebojsa VUKADINOVIC*
    19/02/2024Eurozone enlargement in the Balkans
    Since the end of communism in the 1990s, the new currencies have had a triple function in the Balkans, particularly in the Yugoslav area. When they were first adopted, the idea was that they should primarily serve an economic function. But their symbolic and political functions must not be overlooked. After the disintegration of Yugoslavia, adopting new currencies enabled the new governments to pursue an independent monetary policy.  In Croatia, for example, the macroeconomic stabilization program known as the “Valentic Plan”(1) ...
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