The Future of the Economic and Monetary Union from the Perspective of the Czech Republic

Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F61989592%3A15220%2F25%3A73636106" target="_blank" >RIV/61989592:15220/25:73636106 - isvavai.cz</a>
Result on the web
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DOI - Digital Object Identifier
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Result language
angličtina
Original language name
The Future of the Economic and Monetary Union from the Perspective of the Czech Republic
Original language description
When the Czech Republic joined the European Union in 2004, it was widely believed that it would adopt the euro as soon as it met the Maastricht convergence criteria. More than 20 years later, the Czech Republic is still not a member of the eurozone, despite having met the Maastricht criteria in the past. At the same time, the Czech population has shown strongest opposition to euro among the non-eurozone countries. Over the years, the position of the Czech National Bank has remained unchanged – the governance of the eurozone is an unfinished project. As the future obligations of its members are not clear, euro cannot reasonably be adopted. The position of the Government has shifted from mild support to outright opposition. In this chapter, we will discuss and evaluate the reasons put forward against the adoption of euro, concluding that whether the euro is adopted will ultimately be a political, not a legal or economic decision.
Czech name
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Czech description
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Project
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Continuities
I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Publication year
2025
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

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