July 8, 2019 / 5:54 PM / 4 months ago

Euro zone welcomes Croatia's bid to join euro waiting room - Centeno

BRUSSELS, July 8 (Reuters) - Croatia has submitted a formal bid to join the European Exchange Rate Mechanism (ERM-2), an early stage on the path to membership of the euro currency, the head of the Eurogroup of euro zone finance ministers said on Monday.

Commitments offered by Croatia in its letter were welcomed by the bloc’s finance ministers at a meeting on Monday, Mario Centeno told a news conference. (Reporting by Francesco Guarascio @fraguarascio, Editing by William Maclean)

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