Slovenia Applies To Adopt Euro
March 08, 2006
European Commission President Jose Manuel Barroso (file photo) (epa)
EU spokeswoman Amelia Torres said today the EU had received the request last week. She said the European Commission is expected to make a decision in May.
EU finance ministers will then decide, on July 11, if Slovenia can join and would then fix the rate at which Slovenians can exchange their national currency, the tolar, for euros.
Slovenia has asked for an early decision on euro membership in order to give it more time to mint coins and print banknotes.
(AP)