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Slovenia joins euro zone

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Slovenia joins euro zone


Finance Minister Andrej Bajuk has celebrated Slovenia’s new economic era by withdrawing 100 euros from a central Ljubljana bank. Slovenia became the euro zone’s 13th member at midnight – the first new country to adopt the european currency since it was first introduced five years ago. Slovenians expressed some nostalgia for the passing of the Tolar, and opinion polls show some concern that the currency change might lead to price rises. But entry into the euro club also carries with it a certain prestige, Slovenia is the only recent EU newcomer to qualify and it will facilitate travel for the 2 million strong population.

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