Slovak euro coins
Slovakia has been a member of the European Union since May 2004, and is a member of the European Economic and Monetary Union. Slovakia adopted the euro on 1 January 2009, replacing its previous currency, the Slovak koruna.
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.