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EU Gives OK For Slovenia To Join Eurozone

June 16, 2006 -- The European Union has given Slovenia approval to join the eurozone next year.

Slovenia would become the first country to adopt the euro from among the 10 mostly ex-communist countries that joined the bloc in 2004.

European Commission chief Jose Manuel Barroso says the decision "opens a new chapter in European monetary integration." EU finance ministers must formally approve the decision at a July 11 meeting.

(compiled from agency reports)

EU Expands Eastward

EU Expands Eastward

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