Slovakia adopts Euro as its currency

Slovakia adopts Euro as its currency

Slovakia has become the latest European nation to adopt Euro as its currency.

The country is hoping that adopting this currency would help it recover from the current economic crisis.

Slovakia would however be the poorest country to be in the Euro club. Its gross domestic product per capita is just 71 percent of the European Union average.

Economy expert Peter Turcik spoke about this new development: “The Euro is pushing us into the position of full-fledged Europeans, even though we will be worse off than those from the West for a few more years. But it is worth it, because the bridges pictured on the Euro notes are more than just symbolic bridges to a better future.”