Former finance minister says Czechs should not join the euro zone

Former finance minister Andrej Babiš, whose ANO party is widely expected to win the autumn general elections, has said the Czech Republic should not join the Eurozone. In an interview for the ctk news agency, Babiš said that adopting the euro would only burden the country with foreign debts and strip it of the crown which is an effecting instrument in managing economic crises. Babiš also spoke out in favour of the Czech National Bank retaining its independence. If the country joins the Eurozone it will have fewer opportunities for independent decision-making, Babiš said.