At the same time, we prefer the shortest possible membership in the ERM II mechanism. The main idea behind the formulation of the earliest possible strategy of EMU accession is our belief that Slovakia may enter the EMU earlier, but must not become a member of the eurozone later than other associated countries.
This is based on our latest experience, when we were treated as an outsider in the second wave of the EU, OECD and NATO enlargement, with a long lasting effect on FDI inflows, costs of debt service and the overall macroeconomic development.