Slovakia introduces Euro

Slovakia introduces Euro

Slovakia finally achieved all requirements settled by European Union and will introduce Euro currency from 1st January 2009.

The only problem mentioned even in report from European union is about Inflation rate which is the biggest threat for Slovakia and its economics. After Slovinien joined counbtries which pay in euro in 2007 show Slovak economic strenght and ability to increase in following months.
If Slovak government will be able to hold the inflation rate at stable level (at Slovinien was almost double increase of inflation rate in 2007), it can become economic tiger of Central European Region.

Currently, I think, we can expect slower increase of Slovak economics but boost in two years time.