The Czech government has not yet planned to set a date for the country’s accession to the euro area. She cited insufficient support from the Czech population as a reason. TASR informs this based on the AFP report.
The Czech Republic promised to adopt the euro during its accession to the European Union in 2004. However, Minister of Finance Zbyněk Stanjura said that the government still does not have sufficient support in the population. Based on the other survey, only a quarter of Czechs are for joining the euro area.
“Until the euro support reaches at least 50 %, there is no point in giving up on our currency that has a long tradition,“The Minister added, adding that the experience of the states that have received the euro in recent years has shown that the support of the inhabitants of the Single Camer is a decisive factor.” There are no unambiguous economic reasons for or against the acceptance of the euro, “Stanjura said. The euro area is currently 20 countries.
