Slovakia
Slovakia adopted the Euro currency on 1 January 2009 as the 16th member of the Eurozone. The euro in Slovakia was approved by the European commission on 7 May 2008. The Slovak koruna was revalued on 28 May 2008 to 30.126 for 1 euro, which was also the exchange rate for the euro.
Slovakia is an attractive country for foreign investors mainly because of its low wages, low tax rates and well educated labour force. In recent years, Slovakia has been pursuing a policy of encouraging foreign investment. FDI inflow grew more than 600% from 2000 and cumulatively reached an all-time high of $17.3 billion in 2006, or around $22,000 per capita by the end of 2008.
Coins of the Slovak koruna (1939–45)
The coins of the World War II Slovak koruna (slovak: "koruna slovenská") were the first coins ever minted by a Slovak state. These coins were minted in the Kremnica mint, once the common state mint of the whole Czechoslovak state. Coins carried not only monetary but also propaganda function: they showed the symbols of the Slovak nation and the just born independent Slovak state. Lower denominations were made of base metals, while those above 5 Ks contained silver.