The European Commission has finally approved Croatia's accession to the European Union. Commission President José Manuel Barroso recommends 1 July 2013 as the official accession date. Croatia's bid must now be considered by the Council of the European Union, the Members States, the European Parliament and Croatian voters.
The finalization of membership talks is great news for European retailers and wholesalers. Croatia's entry into the EU expands the single market by 4.5 million consumers. A further boost in the country's economic growth will lead to increased purchasing power and enhanced opportunities for European traders.