Our recommendations
- Set up a Euro Team, which will coordinate preparations for the adoption of euro in your company.
- The members of the team should include senior managers in areas such as human resources, accounting, information technology, legal department, etc.
- Draft your own preparatory plan for the introduction of euro that will include an audit of all activities related to euro and a precise time schedule of fulfilment of all steps leading to the modification of systems.
- Monitor the development of the Slovak koruna central parity.
- Think ahead of crises scenarios, e.g. if euro is not introduced on the planned date or if your company fails to prepare for the euro changeover in time.
- Do not hesitate to contact your bank for detailed information.
