“For the first time, the Slovaks are ahead of the Czechs in something,”/ “Poprve v zivote jsou Slovaci v necem napred pred Cechy”"For the first time, the Slovaks are ahead of the Czechs in something,”/ "Poprve v zivote jsou Slovaci v necem napred pred Cechy" | Czechmatediary
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“For the first time, the Slovaks are ahead of the Czechs in something,”/ “Poprve v zivote jsou Slovaci v necem napred pred Cechy”

Slovakian Tatras / flickr image“For the first time, the Slovaks are ahead of the Czechs in something- that is well worth whatever sacrifices.” says Roman Guta, a 35-year-old Slovak distributor of a dental equipment. Roman is referring to the fact that the Slovaks are now using Euros, which is something that the Czechs are afraid to do. Who is the wise one here? Thanks to the worldwide economical depression together with their fairly new usage of Euros Slovakia has become a very expensive country. Hence Slovaks are now forced to shop in Poland, Hungary and the Czech Republic where they take advantage of the relative streng of their newly minted currency.

The Slovak officials still insist that they will have the last laugh when the economy improves and the Czech Republic (now their wealthier neighbor) remains isolated. Euro may be weak at this time but it appears to help Slovakia in attracting foreign investment. The Volkswagen company, for example, decided to invest 310 million Euro to manufacture their new low-cost family car, creating about 1,500 new jobs.

CZ: “Poprve v zivote jsou Slovaci v necem napred pred Cechy – stoji za to taky neco obetovat.” rika Roman Guta, 35-ti lety slovensky distributor zubarskeho vybaveni. Roman se vyjadruje k tomu, ze Slovaci jiz od ledna uzivaji Euro, cehoz se samotni Cesi boji, ale take za to v nynejsi dobe plati cenu. Kdo je tady ten moudrejsi? Diky celosvetove ekonomicke krizi se na Slovensku kvuli jeho nove mene velmi podrazilo a Slovaci jsou nuceni nakupovat v Polsku, Madarsku a  Ceske republice, kde jsou ceny mnohem prijatelnejsi.

Slovensti funkcionari nadale tvrdi, ze Slovensko se bude smat naposledy; az se pry ekonomicka situace opet zlepsi, Ceska republika (nyni bohatejsi soused Slovenska) zustane se svou korunou isolovana. I kdyz je ted Euro slabe, pomaha Slovensku ziskat zahranicni investory jako je napriklad firma Volkswagen, ktera se rozhodla do teto zeme investovat 310 milionu Eura na vyrobu jejich noveho ekonomickeho modelu. Tato vyroba zajisti v blizke budoucnosti kolem 1 500 novych mist.

Source: http://www.nytimes.com/2009/07/04/business/global/04slovakia.html

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4 comments… add one
  • Alena July 13, 2009, 5:15 pm

    With the money not backed on anything but credit rating that the US has been doing and the EU with their deficit will (or maybe already has) who wants to have a currency that is centrally controlled elsewhere. Hope Czechs will keep the crown and not submit to another empire….again….

  • Tanja July 13, 2009, 11:51 pm

    But can we handle it ourselves? Maybe EU is the answer…

  • MaryLena Anderegg August 3, 2009, 6:39 pm

    I just read that Slovak language will be the only “public” language allowed in Slovakia. One of the joys of traveling in Prague was the willingness of people on the street to use their English to help us get around.

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