Government to kick start debate on adoption of the euro

The Czech government is aiming to kick start discussion on the adoption of the single European currency. The aim is to confirm a date before 2020 for the switch from the crown to the euro. Recently, Czech President Miloš Zeman suggested the country could make the actual switch by 2018, which many analysts consider overly optimistic. The debate on the euro agreed by the government is part of its policy framework for the country within the EU. The State Secretary for European Affairs, Tomáš Prouza, said that the country needed to have a precise idea about euro adoption over the next five years.

Author: Jan Velinger