2004 the Czech Republic joined the EU. Since joining the EU in May 2004, the Czech Republic has adopted fiscal and monetary policies that aim to align its macroeconomic conditions economic policy czech republic pdf the rest of the European Union.
2010, however evaluations in 2006 found this date to be unlikely and the target date was postponed indefinitely. November 2007 this was said to be too soon. In August 2008, an assessment said that adoption was not expected before 2015 due to political reluctance on the subject. 2015 was no longer realistic.
Czech Republic’s interest in joining the eurozone. Convergence Programme delivered to the European Commission that the country had not yet set a target date for euro adoption and would not apply for ERM II membership in 2013. Their goal was to limit their time as an ERM II member, prior to acceding to the eurozone, to as brief as possible. Czech Republic will not adopt the euro before 2019. Ministry of Finance against setting a formal target date for euro adoption or joining ERM II in 2014. 2013, supports euro adoption by the Czech Republic, though he also advocates a referendum on the decision. Shortly after taking office in March 2013, Zeman suggested that the Czech Republic would not be ready for the switch for at least five years.
1 January 2020 could be a date to look at”. January 2014, Czech Foreign Minister Lubomír Zaorálek stated that the country should join the eurozone as soon as possible. 2013 parliamentary election, that called for the Czech Republic to adopt the euro between 2018 and 2020. 2019 as the earliest possible euro entry date. In April 2014, the Czech Ministry of Finance clarified in its Convergence Programme delivered to the European Commission, that the country had not yet set a target date for euro adoption and would not apply for ERM-II membership in 2014. Their goal was to limit their time as an ERM-II member, prior to acceding to the eurozone, to as brief as possible.