Spectator on facebook

Spectator on facebook

European Commission gives green light to euro adoption in Slovakia

The euro will become Slovakia's official currency in 2009. A convergence report issued by the European Commission (EC) states that the country's fulfilment of the Maastricht Criteria is sustainable, the SITA newswire wrote. The EC has recommended Slovakia's admission to the eurozone as of January 2009, which will make it the sixteenth member of the euro club. Its recommendation is regarded as key. A more-or-less formal approval of Slovakia's entry to the eurozone will now take place in other European institutions. Only a few weeks separate Slovakia from the final decision about its admission to the eurozone, which follows the EC’s recommendation. During this period, the European Parliament will provide its viewpoint. The Council of EU ministers of economy and finance will announce their view on June 3. Afterwards, a summit of European heads of state and government will take place on June 19-20. In compliance with the decision of the Council of European Heads of State and Government, the Council of European ministers of economy and finance will give the go-ahead to Slovakia’s adoption of the euro and approve the conversion rate. SITAb>Compiled by Zuzana Vilikovská from press reportsThe Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.

The euro will become Slovakia's official currency in 2009. A convergence report issued by the European Commission (EC) states that the country's fulfilment of the Maastricht Criteria is sustainable, the SITA newswire wrote. The EC has recommended Slovakia's admission to the eurozone as of January 2009, which will make it the sixteenth member of the euro club. Its recommendation is regarded as key. A more-or-less formal approval of Slovakia's entry to the eurozone will now take place in other European institutions. Only a few weeks separate Slovakia from the final decision about its admission to the eurozone, which follows the EC’s recommendation. During this period, the European Parliament will provide its viewpoint. The Council of EU ministers of economy and finance will announce their view on June 3. Afterwards, a summit of European heads of state and government will take place on June 19-20. In compliance with the decision of the Council of European Heads of State and Government, the Council of European ministers of economy and finance will give the go-ahead to Slovakia’s adoption of the euro and approve the conversion rate. SITA
b>Compiled by Zuzana Vilikovská from press reports
The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.

The processing of personal data is subject to our Privacy Policy and the Cookie Policy. Before submitting your e-mail address, please make sure to acquaint yourself with these documents.

Top stories

Construction of underground roundabout changes traffic flow on Bratislava’s Mlynské Nivy

Mlynské Nivy Street will be transformed into a modern boulevard by the autumn of 2019.

New construction on Mlynské Nivy Street.

More reasons to stay

Excluding people doesn’t just affect those who choose to leave.

Slovakia is the first country to test a new VAT refund app

Getting money back for buying souvenirs in Slovakia will be easier - there will be an app.

Illustrative Stock Photo

Prosecution has found errancies in criminal files related to self-employed farmers

General prosecutor feels that some prosecutors in the east of Slovakia follow their own conscience and opinion and not valid legislation.

General prosecutor Jaromír Čižnár