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51, Banska Bystrica Region, Slovakia
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Slovakia speeds up Euro move
Jan 03, 2006

Matthew Newman and Radoslav Tomec

International Herald Tribune 28/11/05

Slovakia will begin its test run for joining the euro on Monday after a surprise move over the weekend to join the EU's exchange-rate mechanism earlier than expected.

Slovakia became the seventh of the European Union's newest members to move closer to adopting the euro by establishing formal links with the common currency, a move the central bank said it hoped would keep the koruna stable. The European Union said in Brussels that it had admitted Slovakia to its exchange-rate mechanism effective Monday. The Slovak koruna will be pegged at 38.4550 to the euro under the system, compared with a close Friday of 38.47 koruny to the euro.

The peg starts a test of currency stability before euro adoption, which Slovakia is aiming to achieve in 2009. The government chose to enter the exchange-rate mechanism earlier than the original plan for the first half of 2006 to make the koruna less vulnerable to movements in other East European currencies, the central bank said.

"The 2009 target is still in place, but we view the entry to the mechanism as another way of how to ensure the stability of the exchange rate," the central bank's governor, Ivan Sramko, said during a news conference in Bratislava, the Slovak capital, on Saturday.

The mechanism, one of five tests for would-be euro members, requires each country to keep its currency within 15 percent of a central rate to the euro for two years without devaluing.

Estonia, Lithuania and Slovenia entered the mechanism last year. Latvia, Cyprus and Malta joined this year. All six countries, which entered the EU in May 2004 and expanded the group to 25 countries, plan to adopt the euro as early as 2007.

The three largest newcomers, Poland, the Czech Republic and Hungary, remain outside the exchange-rate agreement.

The koruna has lost 2.6 percent of its value against the euro since March 9, when the euro bought 37.51 koruny. Analysts now expect the koruna to strengthen.

"The currency has a potential to rise by between 5 and 10 percent in the next two years," said Juraj Kotian, an economist at Slovenska Sporitelna, the largest bank in Slovakia.

Slovakia's economy grew 6.2 percent in the third quarter, continuing a trend of solid growth that has prompted the central bank to blame the currency's weakening on developments in the other East European countries. The country's finance minister, Ivan Miklos, said the need to "isolate" the koruna from the region was an important factor in the decision about the timing of the peg.




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slovak girls
Jul 12, 2007

Bratislava

A story about slovakian girls
On my first night in Bratislava, Slovak Republic, while I was waiting for the first Monica, who was going to pick me up in front of my hotel at 9 o'clock, two young Italians stopped to ask me if I could suggest a place where they could have some fun that night in Slovakia.
Before I had the chance to hide behind my usual "I don't speak Italian" (spoken in English, of course), they went on to say, "You can't get any slovak girls here. We arrived yesterday and we're leaving tomorrow. The taxi driver refused to help us find some girls and the female receptionist at the hotel wanted to throw us out when we asked her where we could get some women. The Slovak Republic where taxi drivers and receptionists can't understand the tourist is underdeveloped. We're going back to Thailand!"
Marco and Sandro come from the small Italian... more

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Success Stories
Girls in Bratislava

by Steve

True to God's blueprint for Eastern Europe, the girls in Bratislava have to be seen to be believed. They dress to turn heads, and probably would even if they wore shiny tracksuits salvaged from the eighties. Fortunately, short skirts, tight trousers and skimpy tops are more the order of the day.

The Slovakian capital, with its relaxed vibe, narrow streets and pavement bars, is made for drinking, drooling, and generally watching the world go by. Go somewhere else for serious conversation, which will be frequently derailed by passing lovelies causing eyes and minds to wander.

By night, Slovakian girls are not only heartbreakingly beautiful, they also love to party, and often prowl the bars and clubs of Bratislava in large groups. They love to practice their English, to chat and to be chatted up, but you will have to play your cards carefully to get anything more than an innocent peck on the cheek. You wouldn't be the first to mistake the innocent charm of Slovakian girls for something more.

After a weekend in Bratislava, you will believe in love at first sight.

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