Slovakia: social partners sign declaration on Euro adoption

On January 23, 2008, the government, trade unions, employers' associations and municipalities' representatives signed a declaration on the agreement to adopt and use Euro in Slovakia. It notably plans to take growth and productivity into account for wage negotiations. (Ref. 080076)
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The government, majority unions, employers’ associations and municipalities’ representatives signed, on January 23, 2008, a declaration on the social agreement to adopt and use Euro in Slovakia, called “Stability Pact.” This document aims at guaranteeing that the country will meet the requirements to adopt Euro in 2009. The signatory parties notably committed to adopt measures which will prevent the unjustified price increase after adoption of the European currency and to organize an informatio

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