Businesses Cannot Expect Assistance from Exchange Rate, Gaspari Warns
Ljubljana, 15 December - Slovenia is set to enter ERM II, a grooming phase for eurozone membership, in 2004, as part of which it will have to set the exchange rate of the Slovenian tolar against the euro. Speaking at the general assembly of the Chamber of Commerce (GZS), Bank of Slovenian governor Mitja Gaspari stressed that businesses cannot expect help from the exchange rate, since stability will not have any benefits for them.
The rest of this news item is available to subscribers.
The news item consists of 1.189 characters (without spaces) or 241 words words.
Buy the news item. Price: 2 tokens; on account: 0 tokens.