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.
Kotleba – People's Party Our Slovakia
In terms of the economy, the party wants to also nationalize all strategic industries such as power stations, steel manufacturing or public transport. The party wants to create energy self-sufficiency and food self-sufficiency to make the country less dependent on imports by rebuilding the agricultural industry. The party wants to get rid of bureaucracy in business to increase growth of domestic companies and it rejects the TTIP agreement. In addition the party wants to exit the European Monetary Union and re-establish the previous currency (Slovak koruna) to give the state and the central bank authority to decide on the monetary policy. Moreover, the party also wants to protect the environment from pollution and exploitation by implementing laws and regulation and support alternative energy.