The euro area is expanding again


November 19, 2021, 8:00 AM to 9:00 AM EST
Virtual Event

Nicolas Véron (PIIE), Boris Vujčić (Governor, Croatian National Bank) and Júlia Király (International Business School Budapest)

Event Summary

After a long pause following its existential crisis of the early 2010s, the euro area is expanding again. Croatia and Bulgaria aim to adopt the euro as their currencies, in early 2023 and 2024, respectively. They both entered the banking union framework in October 2020 in preparation. What are the lessons of this process so far, and will other European Union member states follow suit?

Joining this episode of Financial Statements were:


Nicolas Véron
Senior Fellow, Peterson Institute for International Economics (PIIE)


  • Boris Vujčić
    Governor, Croatian National Bank
  • Júlia Király
    Professor of Finance and Monetary Economics, International Business School Budapest



About This Series

Financial Statements is a biweekly virtual event series hosted by Nicolas Véron that explores changes in the world of finance, encompassing themes of financial services regulation, corporate finance and governance, systemic fragility and crises, and structural changes driving business and policy trends in the financial sector.