Financial Times FT.com

Slovaks embrace new economic cushion

By Jan Cienski

Published: January 2 2009 17:57 | Last updated: January 2 2009 19:39

Slovaks set aside fears over their slowing economy for a few hours on New Year’s eve as midnight fireworks and an all-night rock concert in Bratislava heralded the adoption of the euro.

As Slovakia bid farewell to the koruna – becoming the 16th country to adopt the single European currency – their neighbours and former compatriots in the Czech Republic were taking over the six-month European presidency.

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