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NBS: No cause for worry on euro introduction.
(From The Slovak Spectator)
Byline: From press reports
in SHORT NATIONAL Bank of Slovakia Governor Ivan Sramko expects that the new government that emerges from the June 17 general elections will continue preparations for introducing the euro in 2009 as scheduled, given the wide political consensus over the issue.
The governor said he has heard no significant reservations against euro adoption in parliament.
Analysts fear, however, that if the left-wing Smer party comes to power, it may roll back some of the reforms implemented by the current right-wing MikulaS Dzurinda government.
"Smer also highlights the importance of the Maastricht [economic criteria that countries have to meet before adopting the euro - ed.
note].
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