Posted on 05/16/2006 3:26:24 PM PDT by joan
BRUSSELS, May 16, 2006 (RFE/RL) -- Slovenia today became the first new EU member state to get the green light to join the EU's common currency, the euro.
Meeting in Strasbourg, the European Commission ruled the country meets all the necessary criteria and can adopt the euro as of January 1, 2007.
The Commission turned down the application of a second candidate for early entry, Lithuania, saying the country's inflation is too high.
ping
This ought to be fun. Slovenia should drag down the Euro further...
This ought to be fun. Slovenia should drag down the Euro further...
And raise the prices of goods and services beyond imaginable. I believe right now though the Euro is stronger than the dollar.
Greece and Italy joining the euro was risky, this is just dumb.
True... the prices habe gone up a bit during the adaptation period (while we're using both tolars and euros). But at the same time it's giving our economy a boost (especially in tourism).
But it won't be that much of a change; a coffee will still cost around 80€ cents :)... that's what the adaptation period is for, for people to get used to the new prices (in the new currency) in relations to the old.
Actually, it was 10% of the population and 30% of GNP.
And please don't use the term ex communist country :), if you know the situation of yugoslavia - which was one of the nonaligned movement countries, you'd know we had socialism with almost none of the communist persecution traits. (Tbh, I loved the cross europe school trips :).
Slovenia is nice :) of course taxes are high (but the current government is working on it), but you actually get something out of it.
a bit of info
http://www.cia.gov/cia/publications/factbook/geos/si.html
(and don't worry about the 2,4% muslim... they can't even decide who to follow ^_^)
and a blog of an american about slovenia
http://www.carniola.org/theglory/index.htm
(I'd especially recommend the things you'll probably not see in the US category + slovenia/slovakia mixup)
Before you go on making such outlandish comments I suggest you read up a bit on Slovenia. When it was part of Yugoslavia with only 20% of the population they accounted for 70% of it's GNP. They have also the highest number of computer engineers per capita in Eastern Europe, I believe it is even higher than Italy or France. It is the fastes growing economy among the ex communist countries.
I am currently in Italy and when I change dollars to Euro or vice versa the exchange rate is horrible that is why I said that the Euro is currently stronger than the dollar.
You should put up the slovenian flag in yopur profile and join the rest of the gang from your country http://www.freerepublic.com/perl/profiles?location=114 Maybe you can get the thing going and encourage other slovenians to join.
BTW welcome to Free Republic.
Slovenia is a very interesting country. Its a country that will contribute to the EU. I would like to visit in the future. Have you been to Ski flying world cup before?
nah :)
too much of a crowd and I'm really not a fan of winter sports ;)
Slovenia included.
Regards, Ivan
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