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Euro Adoption in Slovenia. Boštjan Jazbec Member of the Governing Board The views expressed are those of the author and not necessarily those of the Bank of Slovenia. Contents. Macroeconomic Stabilization and Transition Macroeconomic Perfomance Maastricht Criteria
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Euro Adoption in Slovenia Boštjan Jazbec Member of the Governing Board The views expressed are those of the author and not necessarily those of the Bank of Slovenia.
Contents • Macroeconomic Stabilization and Transition • Macroeconomic Perfomance • Maastricht Criteria • Entry to ERM2 and Adoption of Euro • Conclusions
Macroeconomic Stabilization and Transition • Better initial conditions than in other transition economies • Money-based stabilization program • Rehabilitation of the banking sector • Sound macroeconomic performance • Inflation and Exchange Rate
Challenges ahead • Inflation • Keeping competitiveness • Financial sector development • Labor market reforms
Sources: Financial Stability Report Price Stability Report www.bsi.si