Slovakian national bank hails smooth euro transition
02 January 2009
Financial officials in Slovakia have confirmed that the country's entry into the eurozone has proceeded according to plan.
The National Bank of Slovakia stated that no "unexpected situations" developed throughout the currency transition, AFP reports.
Speaking to the assembled press, governor Ivan Sramko said the conversion of all systems in the banking sector was smooth.
In addition, he revealed that the majority of ATMs in the eastern European country are now distributing euro notes.
"At the moment, 96 per cent of 2,258 cash machines in Slovakia are working," he commented.
However, consumers can still use korunas for the next two weeks, after which point they will no longer be considered legal tender.
Commenting on the changeover, finance Minister Jan Pociatek said: "The Slovak koruna has worked for 16 years and I hope that the euro will be a success for much longer."
Slovakia's currency transition came on New Year's Day, which was the tenth anniversary of the euro.
The National Bank of Slovakia stated that no "unexpected situations" developed throughout the currency transition, AFP reports.
Speaking to the assembled press, governor Ivan Sramko said the conversion of all systems in the banking sector was smooth.
In addition, he revealed that the majority of ATMs in the eastern European country are now distributing euro notes.
"At the moment, 96 per cent of 2,258 cash machines in Slovakia are working," he commented.
However, consumers can still use korunas for the next two weeks, after which point they will no longer be considered legal tender.
Commenting on the changeover, finance Minister Jan Pociatek said: "The Slovak koruna has worked for 16 years and I hope that the euro will be a success for much longer."
Slovakia's currency transition came on New Year's Day, which was the tenth anniversary of the euro.
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