Spectator on facebook

Spectator on facebook

Almunia: Slovakia will benefit from Eurozone membership

EU Commissioner for Economic and Monetary Affairs Joaquin Almunia on July 8 welcomed the unanimous decision by European Union finance ministers to put the final seal on Slovakia's entry to the Eurozone and set the crown-euro conversion rate at 30.126 SKK/EUR.


EU Commissioner for Economic and Monetary Affairs Joaquin Almunia on July 8 welcomed the unanimous decision by European Union finance ministers to put the final seal on Slovakia's entry to the Eurozone and set the crown-euro conversion rate at 30.126 SKK/EUR.

"I'm confident that Slovakia will fully benefit from its membership in the Eurozone, and will draw on the experience of other Eurozone members," he said.

Slovakia's admission to the Eurozone is evidence that it is not a closed shop and that every country that complies with the required criteria is very welcome to join, said Almunia. French Finance Minister Christine Lagarde, who presided over the ECOFIN meeting on July 8, stated that this will be the first time that a country that emerged from behind the Iron Curtain will become a Eurozone member, calling it a “historical milestone”. TASR

Compiled by Zuzana Vilikovská from press reports
The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.

Top stories

Šumiac breaks sweat record: first sauna to be revived

The sauna built in Šumiac by miller Michal Demo after returning from Russian captivity was the first one not just in Slovakia but in the entire former Czechoslovakia. Now it can be saved and re-used.

The construction of first Slovak sauna in Šumiac

Foreigners: Top 10 events in Bratislava Video

Tips for the top 10 events in the capital between August 18 and August 27, as well as regular services in different languages, training for foreigners in English and highlights of the year.

Pivobrana - Beer Festival

Have you ever climbed a via ferrata? Photo

In central Slovakia, there is one also suitable for beginners. Here are some of the views it offers.

Agrokomplex opens its gates Photo

This year’s exhibition has more discussions with experts and a family programme.