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Mon 1 Jul 2013

Croatia becomes 28th member of European Union two decades after conflict

  • By Yannis Papalexandris and 1 other
  • Last Update: 4 years ago
  • Brussels, Région de Bruxelles-Capitale, Belgium

Croatia becomes the 28th member of the European Union becoming the second former Yugoslav nation, after Slovenia, to enter the bloc.

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. - Slovenia backs Croatia's EU entry after bank dispute set asi on 2013-06-03

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