Local view for "http://purl.org/linkedpolitics/eu/plenary/2008-06-17-Speech-2-092"
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"en.20080617.5.2-092"2
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"Ladies and gentlemen, Slovakia now has the opportunity to join the eurozone. This is possible because of the Slovak Republic’s socio-economic results. Credit for this achievement is also due to all of Slovakia’s successive governments and their firm focus on this issue. I think that the Slovak leadership has in general shown their will and ability to respond to the necessary changes. This opportunity is also due to the consistency of the European Union’s policies and to the launch of the European project because Slovakia has accepted and met all the necessary criteria. This fact has opened the door for the adoption of the euro and no further doubts were expressed. In my opinion, this is a very important aspect. Enlarging the eurozone to include another country, Slovakia, will definitely lead to deeper European integration. It will not be just the Slovak Republic but also the European Union as a whole that will benefit from this deeper integration when this very successful and fast-developing economy joins.
Fears of inflation were mentioned in the debate. Of course, in some ways these fears are justified. On the other hand, there are equally potent arguments proving that the Slovak Government is consistent in its response and, at any rate, it is not in the interest of any government to set off inflation. Of course the risk of inflation exists, and this matter has been brought to the Slovak Government’s attention in all documents and debates. Regarding the issue of revaluation of the Slovak currency, I must say that it always took place within the expected limits, within the framework of flexibility that each government, each country is allowed in this process in order be able to respond, in the best possible manner, to the extraordinary moment when the euro is adopted. This is not an everyday situation, an everyday affair. It is a truly extraordinary situation and the Member States must be allowed some room for manoeuvre. Although the final setting of the value will be a very serious goal and task, and although it will be an extraordinary operation, it will not be taking place for the first time. The eurozone has been enlarged before and this complicated expert operation has been carried out many times with adequate success.
Ladies and gentlemen, allow me to congratulate Slovakia on taking this big step and achieving this huge success. I also want to emphasise that this is clearly the result of the work of successive Slovak Governments and the understanding and will of the Slovak people."@en1
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