Croatia submitted its EU membership application in 2003 and has held the status of a candidate country since June 2004. The negotiations ended in an Accession Treaty signed by the 27 members and by Croatia on December 9, 2011. The treaty was ratified by the Croatian people with a referendum held on January 22, 2012.
A dispute between Slovenia and Croatia over Ljubljanska Banka (LB) was the last obstacle for the country's accession to the EU. The dispute dated back to 1991, when LB, a Slovenian bank, closed down without reimbursing its Croatian depositors after Slovenia and Croatia declared independence from former Yugoslavia. The two governments reached an agreement on the issue, and Slovenia ratified the accession plan.
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