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Slovakia

Slovakia cuts rates in line with ECB

The National Bank of Slovakia shifted its policy rate for the first time in 17 months on Tuesday, cutting by half a point to 3.75% - on par with the European Central Bank's (ECB) benchmark borrowing cost.

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.

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