Central Banking

Slovak central bank opens tender for euro designs

The Slovak National Bank (NBS) has called for proposals for the symbols to be featured on the euro coins to be used in Slovakia once the country adopts the single European currency.

The government hopes to introduce the euro in 2008 or 2009. NBS vice governor Ivan Sramko told reporters on Tuesday that the country is already beginning to take measures for adopting the currency.

Banknotes are the same for all countries in the eurozone, but member states may choose the design for the reverse side of

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FedNow – at last

The instant payment system might help fix the US’s rusty payment rails, but it also faces competition, says Dave Birch

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