History of the euro
Slovakia fulfilled the euro convergence criteria. At 2.2%, Slovakia's twelve-month inflation was well below the 3.2% threshold. However, for March 2008 annual inflation was 3.6%. Fiscal deficit was 2.2% versus the reference value of 3.0%. And finally, the government debt ratio was 29.4% of GDP in 2007, well below the maximum ratio of 60.0%. Public opinion supported the switch, with 58% in favour and 35% opposed, but 65% worried about the inflationary impacts of the adoption. Three months after the adoption of the currency 83 percent of Slovaks consider Slovakia's decision to adopt the euro to have been right.
Slovakia
The official language is Slovak, a member of the Slavic language family. Hungarian is widely spoken in the southern regions, and Rusyn is used in some parts of the Northeast. Minority languages hold co-official status in the municipalities in which the size of the minority population meets the legal threshold of 15% in two consecutive censuses.