Euro: Advantageous for Slovakia?

Alena Paulickova ()
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Alena Paulickova: College in Sladkovicovo

DANUBE: Law and Economics Review, 2012, issue 2, 49-54

Abstract: After the implementation of the euro exchange differential, transactional and different administrative costs have been removed, which signals the expectation of even better connections between Slovakia and eurozone markets. The eurozone countries are our most important business partners. From an investor’s point of view, Slovakia currently lacks a higher quality infrastructure and better atmosphere in business environment. Significant development potential is visible in services. With regard to the high number of auto and electrotechnical industries, much is spoken about a higher level of diversification in the industry. It is necessary to view euro stability in the long term as an advantage to attract investors.

Keywords: Euro; Investments; Economic Growth; Economic Depreciation; Unemployment (search for similar items in EconPapers)
Date: 2012
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