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Republic of Slovenia: Selected Issues and Statistical Appendix International Monetary Fund

Republic of Slovenia: Selected Issues and Statistical Appendix

International Monetary Fund

Published July 28th 2005
ISBN : 9786613878281
ebook
51 pages
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 About the Book 

1. Slovenia is set to become the first among the new EU member states to adopt the euro.Aided by broadly favorable initial conditions and generally sound macroeconomic and incomes policies, Slovenia has over the past decade sustained robust growthMore1. Slovenia is set to become the first among the new EU member states to adopt the euro.Aided by broadly favorable initial conditions and generally sound macroeconomic and incomes policies, Slovenia has over the past decade sustained robust growth with small external imbalances, while gradually lowering inflation to euro-area levels. Long-term interest rates, the fiscal deficit, the public debt ratio, and inflation were all within the Maastricht Treaty limits at end-2005. This, combined with the tolars two successful years within the ERM2, has set the stage for euro adoption in January 2007.