Government not to set euro adoption date yet

The Government has acknowledged a joint recommendation of the Ministry of Finance of the Czech Republic and the Czech National Bank not to set a date for adopting the single European currency yet. The recommendation is based on the findings contained in the “Assessment of the Fulfilment of the Maastricht Convergence Criteria and the Degree of Economic Alignment of the Czech Republic with the Euro Area”. This document has objectively assessed the Czech Republic’s economic preparedness for adopting the euro since the country joined the European Union.