Euro as a payment currency, was first introduced on Januray 1st, 1999. Euro coins and paper money, as means of transaction were introduced in 12 EU member states on January 1st, 2002, while today euro is an official currency of 19 member states. All member states, except United Kingdom (currently in the Brexit procedure) and Denmark, have an obligation under their signed accession treaties to introduce the euro as the official currency in their countriesin order to ulimately achieve a single monetary union in the EU. Croatia, as the youngest member of the EU (became a member on 1st of July, 2013), submmited a request to the competent authorities in July 2019, for purpose of introducing the euro as the official currency. An official request called ERM II (Exchange Rate Mechanism) and its submission does not necesserily mean automatision and in no way a guarantee that Croatia will be allowes adoption of the euro. The extremely important topic for Croatia will capture the attentiono fall citizens and the media, as well as other EU bodies, in the present as well as in the following few years. Furthermore and after the introduction od the euro will be subject of various multi-year analyzes. The aim of this graduate thesisis to precess and analyze several important topics in this demanding process of introducing the euro for Croatia. The analysis and review in the content of this paper will also be aimed at presenting a quality over view of the advantages and disadvantages of the introduction of the euro in Croatia. The indroduction of the euro, in addition to its positive sides, will also have a negative impact on certain branches of the economy while certain areas of the economy will further prosper since the introduction of the euro, as well as theauthor's personal survey inthe form of a questionnaire that was aimed exclusivley at the younger population of Croatian citizens.