Austrian Central Bank Honours Slovenian Adoption of Euro
Graz, 19 March
The Austrian Central Bank organised a special event in Graz on Monday to honour Slovenia's adoption of euro. The event was attended by Austrian Central Bank Governor Klaus Liebscher and Slovenian Central Bank Governor Mitja Gaspari.
Gaspari presented Slovenia's path to adopting the euro to the participants, stressing that Slovenia's entering the euro zone is not only a recognition of past achievements, but also an obligation for the future. "Future challenges are connected to sustainable growth, improved competitiveness and the preservation of financial stability," he was quoted as saying by the central bank. According to him, banks are facing risks originating from the integration of European financial markets. "These are calls for both Slovenian and Austrian central banks to take their successful cooperation even further," he concluded.