. euro in the Slovak Republic

In recent days, almost every adult citizen of Slovakia has seen and touched a euro coin. On January 1, the Slovak republic has joined the eurozone as its 16th member. The Slovak’s adoption the euro can be considered by historical success for the whole nation. The European Commission said that the switch to the new currency, which now is used in the European Union by more than 323 million people, has been smooth in Slovakia, although Slovakia has walked a very difficult path to meet demanding criteria for the euro switch. In my opinion, Slovak’s adoption of the euro will be beneficial for the tourism, industry and inhabitants, too. If we have the same currency like our business partners, it is easier to realize the commerce between us. As for the advantages, the euro will make travelling easier not only for Slovaks, but for foreign tourists, too. Also our new currency will help economics by means of easier export and import. When people in Slovakia worried about the euro-switch, they most typically envisaged problems with recognizing coins or worried about their purses bursting with coins. According to the survey, Slovaks have also been concerned about being cheated by retailers. It is necessary to say, that this change has its prons and cons, but in the definitive consequence it is positive for all us.