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Slovakia

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.

Comment: Flawed convergence criteria?

Willem Buiter and Anne Sibert, two London-based academics, have slammed the Maastricht criteria for entry into the eurozone. They point to a number of inconsistencies in way the conditions are applied and suggest that the current formulation "makes no…

Comment: Euro adoption order changes

Slovakia's decision on Friday 25 November to join the Exchange Rate Mechanism II (ERM II) with immediate effect took markets by surprise. Policymakers had been saying they were aiming at mid-2006 for joining the ERM II, which serves as a crucial…

NBS governor considers intervention a success

The governor of the Slovak National Bank (NBS), Ivan Sramko, said the intervention on Monday 10 January by the central bank against the strong crown was a success. Following Wednesday's Cabinet meeting, Sramko told reporters he believed the interventions…

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