No Early Euro Adoption

June 2008 | Risk Summary

Czech President Vaclav Klaus has once more hit out against the economics of the eurozone, claiming that it was a drag on growth, and that individual eurozone states nee different interest and exchange rate policies. Although he has no direct sway over local euro adoption policy, his views do echo the prevailing sentiment against early euro adoption in the Czech Republic. Policy continues to be orientated towards securing real convergence over switching currencies. At present, our earliest forecast for a switch-over is

If you would like to subscribe to Central Europe & Baltic States Monitor and gain instant access to this article, please click here to subscribe.

If you would like to take a trial to Central Europe & Baltic States Monitor please click on the trial link below.