ANALYSIS OF THE WEEK: ENTREPRENEURS SEE ADVANTAGES IN THE EURO

ANALYSIS OF THE WEEK: ENTREPRENEURS SEE ADVANTAGES IN THE EURO

Read the latest Teraz article on how according to Horňák, an analyst at the Slovak Savings Bank, the negative of eurozone membership is the loss of autonomy in the area of ​​monetary policy.

Slovakia's entry into the EU 20 years ago also brought about the adoption of a common currency. After more than 15 years since the introduction of the euro in Slovakia, there are different opinions on its use. While entrepreneurs see mainly advantages in the common currency, analysts and economists point out the negatives as well. The problem is mainly the loss of the state's own monetary policy and, paradoxically, in certain cases also low interest rates.

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EPICENTER publications and contributions from our member think tanks are designed to promote the discussion of economic issues and the role of markets in solving economic and social problems. As with all EPICENTER publications, the views expressed here are those of the author and not EPICENTER or its member think tanks (which have no corporate view).

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EPICENTER publications and contributions from our member think tanks are designed to promote the discussion of economic issues and the role of markets in solving economic and social problems. As with all EPICENTER publications, the views expressed here are those of the author and not EPICENTER or its member think tanks (which have no corporate view).