Slovakia

Slovakia to join eurozone in 2009

Slovakia is set to become the 16th member of the eurozone despite concerns at the European Central Bank that inflation in the country could rise steeply.

Slovakian rates on hold

The board of Narodna Banka Slovenska, the central bank of Slovakia, decided keep current interest rates on hold after a meeting of the monetary policy committee.

Slovak PM visits ECB

The Prime Minister of the Slovak Republic, Robert Fico, visited the European Central Bank (ECB) Thursday 26 April.

NBS intervenes to halt crown appreciation

Following the ECB's announcement that the central parity of the Slovak crown has moved from Sk38.455 per euro to Sk35.4424 per euro, the National Bank of Slovakia intervened Tuesday 20 March on the Slovak FOREX market.

Paper on central bank interventions

The December 2006 Working Paper "Central bank interventions, communication and interest rate policy in emerging European economies" analyses the effectiveness of foreign exchange interventions in Croatia, the Czech Republic, Hungary, Romania, Slovakia…

ECB issues warning to euro hopefuls

Some of the new members of the European Union lining up to adopt the euro will likely have to wait until the end of the decade, the European Central Bank said Tuesday 5 December.

Interview with National Bank of Slovakia's Sramko

In an interview with Deutsche Presse-Agentur, published Wednesday 8 November, National Bank of Slovakia governor Ivan Sramko said Slovakia needs to step up efforts if it is to meet its tight deadline for joining the euro in January 2009.

NBS chooses Wall Street Systems package

The National Bank of Slovakia (NBS) has selected Wall Street Systems, a provider of global treasury and capital markets solutions and services, to manage its banking functions, it was announced Monday 23 October.

Central banker of the year announced

Several publications announced awards for the world's central bankers this week, including a Euromoney award for Lebanon' s central bank governor Riad Salameh for his management of the crisis during Israel's recent onslaught.

Slovakia pledges 2009 for euro adoption

In an interview with the Financial Times, Slovakia's finance minister Jan Pociatek said, "It is my personal responsibility to follow the euro commitment," allaying fears that the new leftist government might delay the adoption of the single currency.

National Bank of Slovakia - Annual Report 2005

According to the National Bank of Slovakia's Annual Report 2005, in 2005 the Slovak economy has come to feel the effects of the ongoing reform process and integration efforts, with the NBS playing its part as well.

Comment: Left out in the cold

While Slovenia celebrates its imminent entry to the eurozone, the Baltic aspirants can feel more than a little peeved by Brussels' handling of their efforts to join the club.

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