Local view for "http://purl.org/linkedpolitics/eu/plenary/2008-06-17-Speech-2-254"
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"en.20080617.35.2-254"2
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"Slovakia is the first country of the former Communist bloc to wish to enter the euro area, as of 1 January 2009. The dynamic Slovak economy meets the convergence criteria stipulated in the Maastricht Treaty. Accession to the monetary union will enable Slovakia to take advantage of the numerous benefits that the common currency confers, and this will surely be an additional stimulus for the economy.
It is true that doubts have been raised as to whether Slovakia will be in a position to sustain a low inflation rate or budget deficit. As the rapporteur correctly observed in his speech, though, rising inflation is a problem not only for Slovaks, but also for the entire European Union, including the euro area. Like all the states that already belong to the monetary union, Slovakia must continue a macro-economic policy that ensures that the convergence criteria are maintained.
Certainly Slovakia’s experience in introducing the common currency will be excellent training for Poland. We must observe our southern neighbour attentively.
As the rapporteur points out, adoption of the euro does not enjoy great support among the Slovak people. I hope that Slovakia’s accession to the euro area will be preceded by an information campaign that will convince and above all properly prepare Slovaks for the change in currency."@en1
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