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Three of four experts believe Slovakia will qualify for the euro

In a survey conducted by the independent think-tank Institute for Economic and Social Reforms (INEKO), 76 percent of economic analysts believe that Slovakia will adopt the euro as planned on January 1, 2009. This result did not change compared with the previous month for the first time since September, when the estimates of economists on meeting the Maastricht criteria concerning government deficit, interest rates, and exchange rate started being monitored.

For the first time, the survey also focused on an estimate of the exchange rate at which the Slovak currency would be exchanged for euros when Slovakia enters the euro zone.

"Fourteen analysts offered their estimates, and after calculating the average, we got a rate of 32.34 SKK/EUR," said INEKO analyst Peter Goliáš.

Compiled by Zuzana Vilikovská from press reports
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