|
|
Post by me on Jul 12, 2006 23:00:19 GMT -5
Slovenia passed the tests - starting next year it'll be the first "new" member state to join the Eurozone.
|
|
|
|
Post by MuvverRussia on Jul 13, 2006 9:58:47 GMT -5
It'll be interesting to see what effect this has upon their inflation figures. In many Eurozone countries the swap from their original currency to the Euro caused an increase in inflation, as people rounded figures up.
That said, it's not a real surprise. Even throughout the Iron Curtain era that region of Yugoslavia was more prosperous than the rest of the country, with relatively large amounts of trade with Austria and Italy. Then following the collapse of Yugoslavia its economy kept growing strongly, mainly through the relative ease in which they moved from a controlled economy to a free market economy.
|
|
