| Which country has become the latest European nation to adopt Euro (€) as its official currency today? |
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Asked 3 years ago
by irenacubirkova  Slovakia |
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About
diskusiaf1@szm.sk
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| 7 Points |
This comment was deleted.
[1 point] 3 years ago by deleted user ReplyWhat if I can show you that actual inflation in the eurozone is 2-3% lower average to pre-euro inflation?
As a matter of fact here it is :
http://www.imf.org/external/pubs/ft/weo/2008/02/weodata/weorept.aspx?sy=1980&ey=2013&scsm=1&ssd=1&sort=country&ds=.&br=1&pr1.x=85&pr1.y=8&c=122%2C136%2C124%2C137%2C423%2C181%2C172%2C138%2C132%2C182%2C134%2C961%2C174%2C184%2C178&s=PCPIPCH&grp=0&a=
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[1 point] 3 years ago by deleted user ReplyIn Slovakia is the price of a coke 1,25 € Today.
That was not an article that was the International Monetary fund analysis of the real inflation it the eurozone since 1981, most countries locked their currency to the Euro in 1999 and changed in 2001 check that time period out.
Real inflation keeps track of bank interest, VAT and services prices along consumer product prices. Also IMF keeps track of inflation in "International Dollar" currency so that euro exchange rates are also counted.
Answer is Slovakia.
We have a big problem today with comeback communism-politicians in government (Fico & company).
This is the biggest problem for Slovakia future and economy.
It´s true, that prices will be higher. But year after year are prices in slovakia higher.
For sample:
Price bread progress:
1989 = 0,25 €
1993 = 0,4 €
1999 = 0,65 €
2004 = 1 €
2008 = 1, 46 €
Yes, I absolutely agree. Prices are going to be higher with or without euro currency. It´s economicly declared that the influence of euro currency on inflation rate has been very small in all euro-zone-members, the feel that everything is more expensive is right, but the cause is different from that one you talked about,Wingnutt. Except from this, Slovakia became a destination for new VW investition (new factory) in this financial crisis mainly because Slovakia adopted euro (not only because of cost of labour, because in Romania are the costs of labour´s selleries much lower).