Local view for "http://purl.org/linkedpolitics/eu/plenary/2008-06-17-Speech-2-256"
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"en.20080617.35.2-256"2
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"I voted in favour of the Casa report on the
in which the European Parliament is won over by the positive recommendations of the Commission, the ECB and the Council.
Slovakia has in fact made huge efforts to meet the Maastricht and convergence criteria. The growth of the Slovak economy since the fall of its Communist regime is remarkable and Slovakia’s entry into the single currency will be a just reward for the country, which has implemented a strict reform agenda.
In terms of inflation, the European Parliament has expressed its concern over the sustainability of inflation in Slovakia in the medium and long term, as identified in the last ECB Convergence Report. However, it is our view that the Slovak Government could take the necessary measures to avoid inflation escalating after it joins the euro area.
Bear in mind that inflation forecasts for the euro area for 2009 are well above the ECB’s 2% target. It would therefore be unfair to penalise Slovakia for its struggle to meet criteria that even euro area members will not fulfil in 2009."@en1
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