This is a very welcome news. It is a sign of growing economic integration and the recognition of the great efforts and successes of Slovenia, one of Italy's neighbours.
In a period where political integration is trying to find a direction, economic integration may bear more fruits than expected. Of course, there is no ground for being overly optimistic, but it is still an important development.
I only hope that Slovenia can learn from the mistakes of other countries (e.g. Italy) when shifting to Euros. The local government must make sure that the transitional period is as transparent as possible and that no sudden inflation of prices takes place because of that.
Tuesday, May 16, 2006
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