After three years of reforms, on 1 April 2008, the NBS announced their plan for withdrawal, disposal and destruction of the Slovak koruna notes and coins.
[5] On 7 May 2008, the European Commission approved the application and asked member states to endorse the bid during the EU finance minister's meeting in July 2008.
[8] On 3 June 2008, the European Union finance ministers gave Slovakia the green light to join the euro zone in 2009 while urging the country to be ready to fight inflation with tight fiscal policies.
[10] On 17 June 2008, the European Parliament agreed to Slovakia's bid to join the euro zone from the start of 2009, urging the country to tighten fiscal policies to avoid inflationary risks.
"I congratulate Slovakia for meeting all the relevant criteria", said the current President of the European Council and Slovenian Prime Minister Janez Janša.
[14][15][16][17][18][19] On 5 September 2008, as part of the preparations for euro adoption, the NBS announced that by the end the year Slovakia planned to transport over €7 billion in banknotes from Austria and to mint coins worth €167 million to pre-stock itself with the new currency.