Spectator on facebook

Spectator on facebook

EC tells Slovakia to remain focused on euro switch preparations

Slovakia needs to concentrate on wrapping up the preparations for a smooth switchover to euro, the European Commission said in its progress report on preparations for the eurozone expansion.

Slovakia needs to concentrate on wrapping up the preparations for a smooth switchover to euro, the European Commission said in its progress report on preparations for the eurozone expansion.

European Union Monetary Affairs Commissioner Joaquin Almunia said that Slovakia should use the remaining months to ensure that consumers and businesses are fully prepared for use of the euro from the very first day of the euro-switch, news wire SITA reported.

He also called on the business to remain committed to fair pricing.

According to the EC report, businesses seem to be late in planning the cash required for the transactions as of the first day in order to avoid queues in banks. Thus the EC urges Slovakia to increase euro cash reserves in banks and subsequently in businesses, news wire SITA wrote.

Top stories

Slovaks drink less and less

Behind the decline in alcohol consumption is, for example, the abandoning of the habit of drinking at work – typical especially during communism, according to an expert.

Kiska: Even Europe has its aggressive neighbour

President Andrej Kiska addressed UN commenting poverty, instability and climate change.

President Andrej Kiska

Ryanair cancels some flights from and to Bratislava

The Irish low-cost airline publishes full list of cancellations

Irish budget airline Ryanair is believed to be cancelling up to 50 flights every day over the next six weeks because it "messed up" its pilots' holiday schedules.

No fees bring higher summer roaming

EU regulation raises the volume of roaming calls and data with Slovak mobile operators .

People should pay attention on used data abroad.