Slovakia to convert to the euro

The European Parliament on Tuesday agreed the introduction of the euro in Slovakia on January 1, 2009. Wprost 24, the online platform of the news magazine Wprost, sees this as unfair. "Slovakia trails behind Poland according to all criteria, but receives praise while Poland is rebuked. Moreover, Slovakia's inflation rate is at 6.2 percent (compared to 3.9 percent in Poland). That is almost double the stipulated limit. Yet despite this and despite the protests of certain German MEPs who simply cannot understand how 6.2 percent can be less than 3.2 percent, Slovakia is recieving a hearty welcome to Euroland. There is one simple reason for this: Slovakia is being rewarded for its willingness to join the Euro zone (and that willingness is important, especially after the referendum on the Treaty in Ireland) while Poland is being punished for a few stupid remarks our politicians made about the single currency."

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