Central bank head: euro-adoption in 2017 at the earliest

12-03-2012

Likewise speaking at the Žofín forum the governor of the Czech National Bank Miroslav Singer said that in his view the Czech Republic would not be ready to adopt the euro before 2017. He said that a serious debate on euro adoption could start in 2014 or 2015 once the country had got its own finances in order and expected negotiations to last for approximately two years. Although the Czech Republic has not set a target date for euro adoption Prime Minister Necas said euro adoption was still on the agenda.