Slovakia adopts Euro currency

Slovakia has joined EMU and has adopted Euro as its currency. It has given up its monetary policy tasks to ECB as well. Hence, EMU is now a 16 member club.

For the uninitiated, this event isn’t a surprise and had been announced well in advance. What is still a question is how many non-members join Euro as well?

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4 Responses to “Slovakia adopts Euro currency”

  1. Tirath Says:

    I am one of them, I did not know about this;
    However, as per your knowledge do we have any country with a “euro-zation” akin to “dollarization” adopting the euro as their currency unofficialy?

  2. Useful Central bank Annual reports to read « Mostly Economics Says:

    […] is quite interesting. They have faced quite severe pressures in this crisis.  So is the chapter on Slovakia’s inclusion in ECB. It is going to turn into a useful event study for researchers going ahead. How did […]

  3. What if Denmark was part of Europe? « Mostly Economics Says:

    […] West Europe which is part of EMU. The list is now of 16 countries. These are mostly advanced […]

  4. Estonia becomes 17th member of EMU « Mostly Economics Says:

    […] 2009, Slovakia became the 16th member. Now Estonia has adopted the Euro and becomes the 17th […]

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