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National Repository of Grey Literature 1 records found  Search took 0.00 seconds. 
Introduction of the euro in the Slovak Republic from the aspect of fulfilling convergence criterion
 Staník, Damián ; Mandel, Martin (advisor)
Introducing euro in the Slovak Republic is one of the greatest national historical decisions. A relative small country belongs to 16 members of the monetary union, who have adopted euro as their domestic currency. But the way to become a member was not that easy. This study describes the whole convergence process and tries to find answers for questions about positive and negative effects of euro. First part of this thesis investigates effects of euro on international trade, GDP, direct foreign investments, effects of exchange rate volatility or price transparency. Other two parts explain convergence criterions, their fulfilling by Slovakia and fixing the convergence exchange rate. Its strength is discussed in the third part. Last part is focused on first experience after launching euro in the Slovak republic, confrontation of expectations and reality affected by financial and economic crisis.
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