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

Kód výsledku v IS VaVaI

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Výsledek na webu

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DOI - Digital Object Identifier

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Jazyk výsledku

angličtina

Název v původním jazyce

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

Popis výsledku v původním jazyce

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.

Název v anglickém jazyce

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

Popis výsledku anglicky

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.

Druh

C - Kapitola v odborné knize

CEP obor

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OECD FORD obor

50501 - Law

Projekt

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Návaznosti

I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Rok uplatnění

2025

Kód důvěrnosti údajů

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Název knihy nebo sborníku

Maastricht 30: A Central European Perspective

ISBN

978-615-6474-84-1

Počet stran výsledku

19

Strana od-do

257-276

Počet stran knihy

677

Název nakladatele

Central European Academic Publishing

Místo vydání

Budapest

Kód UT WoS kapitoly

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