Local view for "http://purl.org/linkedpolitics/eu/plenary/2008-06-17-Speech-2-075"
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"en.20080617.5.2-075"2
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"I would like to begin by expressing my thanks to the rapporteur, Mr David Casa, for his excellent and balanced report, and for his pragmatic approach when evaluating the individual amendments.
Slovakia’s accession to the eurozone has not come about by chance. It is the natural culmination of enormous efforts by the Slovak Governments that created, in particular between 1998 and 2006, a solid economic base through radical economic reforms in the areas of finance, tax and social affairs.
These reforms, together with direct foreign investment, have enabled Slovakia to enjoy constant and high economic growth. Continuous efforts to reach the goal, as well as the responsible conduct of the Slovak Governments and the National Bank, made it possible to meet all the Maastricht criteria necessary for accession to the eurozone, without extra influences such as hidden inflation or the artificial strengthening of the Slovak currency, the koruna.
Some members of the ECON Committee have voiced their concerns about the long-term sustainability of these criteria, in particular a low inflation rate. I am convinced, however, that Slovakia has all it needs to meet these criteria on a long-term basis, provided that at least a standard fiscal policy is in place and further structural reforms are carried out. The developments in the area of energy and food prices are, and will continue to be, a global problem. Slovakia will definitely not be a country that goes beyond the agreed framework.
To conclude, I would especially like to congratulate the people of Slovakia, who accepted these fundamental and radical reforms and therefore deserve the utmost praise for achieving this positive result."@en1
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