While the Baltic states are struggling, Slovenia looks a foregone conclusion to join the euro in just over six months. Inflation was 2.5% in 2005, a record low for the country, and in its autumn forecasts the European Commission projected the same figure for 2006. So far so good, but the IMF, in its recent Article IV assessment of the country, warned a "careful calibration" of fiscal policy, together with wage restraint and increases in productivity, would be needed to keep Slovenia's growth non