tabbs Posted June 25, 2008 Report Share Posted June 25, 2008 In about half a year, Slovakia will replace the korun (SKK) with the euro. The Council of the European Union decided last week that Slovakia can be a member of the euro area as from 1 January 2009. After the convergence reports from the ECB and the Commission, and the positive vote of the European Parliament, the heads of state/government concluded that Slovakia meets the euro criteria. http://www.eu2008.si/en/News_and_Documents...vakia_euro.html The ECB report earlier this year was a little skeptical, due to inflation concerns, but the bank does not make the decisions in this regard. The next, and final, step will be the meeting of the Ecofin Council on 8 July when issues like the final SKK-EUR conversion rate will be on the agenda. Slovakia will be the fourth country that introduces the common currency after the 2004 enlargement of the EU, and the first from the former "Eastern Bloc". Here http://www.coinpeople.com/index.php?showtopic=5079 is some more info about the design contest and the 2005 design vote. Christian Quote Link to comment Share on other sites More sharing options...
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