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Slovenia to join eurozone in January 2007

Slovenia is set to become the 13th member of the eurozone following a positive assessment of its economic situation by the European Commission on Monday (16 May).

The commission proposed that Slovenia kicks off the "long period of eurozone enlargement" as the first of the ten EU newcomers to join the single currency in January 2007.

However, as widely expected, Lithuania's bid to join the eurozone next year, was rejected by Brussels.

Only the Czech and Lithuanian commissio...

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