As the regulator, the Reserve Bank has the necessary powers to enforce requirements to ensure that individual companies remain safe and sound, and the insurance industry as a whole continues to be stable. 3.
That is pleasing, because it has not been the case in each country that adopted the euro. Several participants stressed that Slovakia could be a role model for countries joining the euro in the future. It was good to hear this from distinguished international economists, and even better to hear it from a Czech economist.