TITLE

Koruna To Convert At SKK30.13/EUR

PUB. DATE
September 2008
SOURCE
Emerging Europe Monitor: Central Europe & Baltic States;Sep2008, Vol. 15 Issue 9, p8
SOURCE TYPE
Country Report
DOC. TYPE
Article
ABSTRACT
This article presents an outlook for the economic development of Slovakia, as of September 2008. Finance ministers of the European Union have permitted Slovakia to adopt the euro on January 1, 2009 paving the way for its membership of the eurozone. Then real gross domestic product of Slovakia in the eurozone is predicted to average 1.9% between 2010 and 2012. The manipulation of local interest rates as a means of maintaining consumer price stability will be excluded with the loss of sovereign monetary policy.
ACCESSION #
33516734

 

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