Local view for "http://purl.org/linkedpolitics/eu/plenary/2008-06-17-Speech-2-082"
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"en.20080617.5.2-082"2
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"Since the euro is an important symbol of removing barriers and bringing Europeans together, the adoption of the euro by Slovakia is yet another historical step in the process of European integration.
The preparations for the adoption of the euro by Slovakia had begun even before the Slovak Republic joined the European Union. The previous Slovak Government, led by Mikuláš Dzurinda, approved the strategy for the adoption of the euro as far back as 2003. It implemented important reforms that made Slovakia a successful country, economically and politically.
As inflation has increased in Slovenia since the country adopted the euro, the issue of the sustainability of inflation and the public deficit causes anxiety in Slovakia. However, I do not agree with the views of some of my colleagues that additional criteria for monitoring the economic stability of Slovakia are needed.
Slovakia meets all of the Maastricht criteria, which are the conditions for the adoption of the euro. It is too late for a debate on setting the Maastricht criteria for fast-growing economies. Instead I would like to mention the reason for the change in the central parity, which the German Members presented as a negative phenomenon. The central parity shift reflected, on two occasions, the economic development of the country, which was backed up mostly by productivity growth.
I call on the Government of the Slovak Republic to step up the campaign targeted at the citizens, in particular the provision of information to vulnerable groups. I think that dual price display should be obligatory not only for six months before entering the eurozone but also for at least one year after adopting the euro. This will help consumers to get used to euro prices.
I am convinced that a good competitive business environment will result in more choices for consumers, which is the best remedy for rising prices. I believe that Slovakia will also learn from the experience of those countries that have already adopted the euro.
To conclude, I would like to congratulate my colleague, Mr David Casa, for his support for Slovakia’s accession to the eurozone. I believe that his name will go down in the history of the Slovak Republic."@en1
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