On 1 June 2022, the European Commission concluded in the 2022 Convergence Report that Croatia is ready to adopt the euro on 1 January 2023, replacing Croatia's current currency, the Croatian kuna. For this purpose, the Commission has adopted proposals for a Council Decision on euro introduction in Croatia. The final decisions on Croatia's euro adoption will be made in the first half of July, after discussions in the Eurogroup and in the European Council, and after the European Parliament and the European Central Bank have given their opinions.