Spectator on facebook

Spectator on facebook

Reader feedback: The Slovenian example

Finance Minister presents framework budget to 2009, Flash News Briefs, March 13 - March 19, 2006

Slovenia is aiming to convert to the Euro by January 1, 2007. If indeed it succeeds, this will be the second hurdle of euro-introduction, and it will be interesting to see what happens to the country's inflation rate. Before the Euro was introduced in Holland, a standard beer cost 2 guilders and 75 cents. Straight thereafter, it changed to 1 euro 60 cents. Considering that the conversion rate is 1:2.20371, this was an immediate increase of 28.2 percent. In some cases, parking meters were converted from one guilder to one Euro and most retail outlets began rounding prices up. Officially, euro introduction increased inflation by around half a percent, but in reality, many Hollanders are still trying to recover from the switch.

A road map to euro introduction may indeed be a good idea for Slovakia, as long as it includes a close study of what happens in Slovenia.

Oscar,
Radošovce

Top stories

Unknown places worth visiting in Slovakia Photo

The year 2016 brought record numbers for tourism in Slovakia.

Špania Dolina, the runner-up in the Village of the Year competition.

This is not a game, and these are not children

If politicians care about the future of the country, they need to offer young protesters with specific demands more than the just same old vague assurances.

Nu Dance festival changes date and the finale coincides with International Dance Day

The festival of contemporary dance has not just moved in time but also from the stage to the streets, encouraging public participation.

Renan Martins: Let Me Die in My Footsteps

(W)Rapping up two worlds in one music

The Fjúžn festival annually presents interesting musical projects from people who cross borders, literally or symbolically. This year, the headliner of the main festival concert on April 22 will be the French-Iraqi…

The Iraqi-French band Aiwa