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Commission assesses readiness of 10 EU countries to adopt the euro; proposes Slovakia joins euro area in 2009 The European Commission today concluded that Slovakia meets the criteria for adopting the euro and made a proposal to the Council to this effect.

The regular Convergence Report on euro readiness, adopted by the Commission, shows that the other nine countries with a so-called ’derogation’ have made progress on the road to the single currency, but do not yet meet a

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