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New FinMin: Euro in 2009 is a priority

NEW Finance Minister Ján Počiatek considers the planned introduction of the euro in 2009 as the main program priority of the new government.

According to Počiatek, it will only be possible to finance the social programs that his Smer party supports after the macroeconomic criteria for the introduction of the common EU currency are met, the Pravda daily wrote.

Počiatek also confirmed Smer's intention to introduce a reduced VAT rate on selected items, but said the scope of the change would be determined after the situation was analyzed.

Počiatek also said that the planned introduction of a tax on dividends and a special tax on monopolies had been "discarded".

"It will be my personal goal to make sure that the euro is introduced in 2009," the new minister said.

Compiled by Martina Jurinová from press reports

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