Slovakia will celebrate its switch to the euro on New Year’s Eve as the last step in its full integration in the European Union, almost twenty years after the fall of communism and the Soviet bloc.
At midnight, blue and yellow fireworks in Slovakia’s capital Bratislava will mark the entry of the first eastern European country into the euroclub, which will then comprise 16 members and 323 million people.
After posting a record economic growth of 10.4 percent in 2007, the Slovak economy is still among the fastest growing in Europe, with a solid 7.0 percent growth in the third quarter of 2008 and an enviable estimate topping 4 percent for 2009.
The government believes euro adoption is an economic bonus on top of cheap workforce, fiscal incentives and pro-business legislation which has already attracted foreign investors mainly in the car and electronics industries as well as Slovakia property.
DSR Overseas property specialists are proud to present our Mlynkey Wellness resort which offers an optional 7% rental guarantee for those investors looking for buy to let property.
Clients will be further assured by the developer buy back guarantee, making this one of the most secure property investments available within an economy which has resisted the current global uncertainty.
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