President Zeman wants to discuss time-frame for euro adoption

31-03-2015

President Zeman wants to open a debate on a time frame for Czech adoption of the euro, the ctk news agency reports. According to the president’s spokesman Mr. Zeman wants to meet with Prime Minister Sobotka next week to discuss a possible meeting on the euro at Lany Chateau in the coming months. The meeting should be attended by Finance Minister Andrej Babis, the governor of the central bank Miroslav Singer and bank board member Jiri Rusnok. The president has already stated his intention of making Mr. Rusnok central bank governor when Mr. Singer’s term in office expires. He has criticized Mr. Singer’s policy at the head of the central bank and even suggested that he is intentionally putting a brake on the process of preparing for euro adoption. The president and prime minister favour euro adoption and Mr. Zeman would like to see the country adopt the euro by 2017.