On 12 May the Slovak Statistical Office announced that in the first quarter of 2010 the Slovak GDP has increased by 4.5% year on year, which probably constitutes the best result in the EU (Poland has not yet revealed its quarterly statistics). The data shows that after the deep recession of 2009 (a decrease in GDP of 4.7%) Slovakia has entered a period of a high economic growth rate. This is confirmed by the EC’s forecasts for April, according to which Slovakia will be the most dynamically developing EU country in 2010 (an expected growth of 2.7% of GDP).
On 15 May in Rostock the Left Party held a congress during which the new party authorities were elected. The change in the leadership of the party was meant to signal the consolidation of the party and emphasised its ability to enter into coalition with other parties. Once again the party did not manage to adopt a programme, which has a negative impact on the party's image and limits its capacity to form coalitions.
The European Commission (EC) in its Convergence Report, published on 12 May, put forward a motion about Estonia joining the euro zone in 2011. The final decision in this issue will be taken by the finance ministers of the EU countries at the beginning of July this year but it seems that the switch from the Estonian kroon to the euro from 1 January 2011 is already sealed. The introduction of the euro will be a great success of the centre-right government of Andrus Ansip and may contribute to the victory of the ruling parties in the parliamentary election planned for March 2011.