VOICED: Euro sends Slovak shoppers to border malls

The video discusses the trend of Slovakians shopping in Hungary due to lower prices after Slovakia adopted the euro. This cross-border shopping raises concerns about its impact on the Slovak economy. The global economic downturn is already affecting Slovakia, with fears of a recession. The government emphasizes the importance of currency stability. Despite official inflation rates, Slovakians feel the pinch due to salary disparities compared to the rest of Europe, leading to continued cross-border shopping.

Why have Slovakians started shopping in Hungary?

• The euro is weaker in Slovakia.

• Prices are significantly lower in Hungary.

• Slovakia has imposed shopping restrictions.

• Hungary has better quality products.

What is a potential consequence of Slovakians shopping in Hungary?

• Improved Slovakian economy.

• Increased tourism in Slovakia.

• Short-term economic suffering in Slovakia.

• Strengthening of the Slovakian currency.

What economic challenge is Slovakia facing according to the transcript?

• A booming export market.

• An increase in foreign investments.

• A surplus in the national budget.

• A potential recession in 2009.

What does the Slovakian government believe about the euro's impact?

• The euro should be abandoned.

• The euro is essential for currency stability.

• The euro is causing economic instability.

• The euro is increasing inflation.

What issue do Slovak shoppers face despite having similar prices to the rest of Europe?

• More expensive housing.

• Better job opportunities.

• Lower salaries compared to the European average.

• Higher salaries than the European average.