September 14, 2008

Hey everyone!  From all the staff to all the readers of our blog and the watchers of our live news programming broadcasted live over the internet directly to your desktop, we want to thank you for all your support and participatiion.  We have relocated our blog to iNPLACENEWS.COM.  There you will find all our blogs, including the old posts, your comments you made, the place to download our free desktop player and all of the current news from around the world.  Stay up-to-date on all the current events by watching our broadcasts, reading our blogs, and watching videos-on-demand.  Again, go to iNPLACENEWS.COM for all the newest blogs and the older posts you love to go back to read.  Thank you again for your time, support, and participation.


Slovakia Attempting to Get the Euro As Currency

June 3, 2008

European Union finance ministers have began the process to incude EU newcomer Slovakia in the euro currency zone next year by approving its membership.

Slovakia cleared major hurdles when it won backing from the European Commission and European Central Bank that it had met a set of strict economic standards to allow it swap its currency, the koruna, for the euro on January 1, 2009.

A final decision from finance ministers in July will be the last hurdle the country hasd to clear to become the 16th euro nation, making it only the second of 10 new EU members to adopt the currency. The currency exchange rate will also be fixed then.