The European Union is set to remove the final obstacles for Croatia adopting the euro.At a meeting in Brussels on Tuesday, EU finance ministers plan to approve three laws that will pave the way for Croatia to become the 20th member of the eurozone from January next year.In the 27-nation EU, adopting the euro offers economic benefits stemming from deeper financial ties with the currency bloc's other members and from the European Central Bank 's monetary authority.
Euro entry also has political rewards because the shared currency is Europe's most ambitious project to integrate nation states, giving them a place in the EU core.History of the euro Created in 1999 among 11 countries including Germany and France, the euro has gone through seven previous enlargements, starting with Greece in 2001.
The appeal of euro membership is reflected by the last three expansions, which brought in Baltic states between 2011 and 2015. During that period, the eurozone was scrambling to contain a debt crisis that Greece triggered and was threatening to break apart the currency alliance.
Euro going down though
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