Dissolution of Czechoslovakia
On 1 January 2009 Slovakia adopted the Euro as its currency with the exchange rate of 30.126 SK/€, and the €2 commemorative coin for 2009, Slovakia's first, featured the 20th anniversary of the Velvet Revolution in remembrance of the common struggle of the Czechoslovak people for democracy. By a quirk of fate, the welcoming speech on the behalf of the European Union on the occasion of Slovakia's entry to the Eurozone was delivered by Mirek Topolánek, the prime minister of the then-EU presiding country, the Czech Republic, naturally in his native language while other guest speakers used English. The Czech Republic continues to use the Czech koruna, or crown.
2012 Slovak parliamentary election
On 11 October 2011, the National Council of the Slovak Republic, the parliament of Slovakia, voted on whether to approve the expansion of the European Financial Stability Fund. As Slovakia was the last eurozone country to vote on the measure, prime minister Iveta Radičová of the Slovak Democratic and Christian Union – Democratic Party (SDKÚ) made it a vote of confidence. The motion was called on the grounds, according to the Freedom and Solidarity (SaS) party, that Slovakia, the second poorest eurozone country, should not bail out richer countries such as Greece in the interest of bank re-capitalisation. The motion then failed by 21 votes after SaS and Direction – Social Democracy (Smer–SD) abstained.