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@article{2945, author = {Helísek, Mojmír}, article_location = {Berlin,Tallin}, article_number = {1}, keywords = {euro, euro area, euro area enlargement, Maastricht criteria, nominal and real convergence, exchange rate stability, excessive deficit procedure}, language = {ger}, issn = {1736-5597}, journal = {Estnische Gespräche über Wirtschaftspolitik. Theorie und Praxis der Wirtschaftspolitik}, title = {Wirtschaftliche Hindernisse für den Beitritt der Tschechischen Republik zur Eurozone}, url = {http://www.mattimar.ee/publikatsioonid/majanduspoliitika/2011/02_Mojmir_Helisek.pdf}, volume = {2011}, year = {2011} }
TY - JOUR ID - 2945 AU - Helísek, Mojmír PY - 2011 TI - Wirtschaftliche Hindernisse für den Beitritt der Tschechischen Republik zur Eurozone JF - Estnische Gespräche über Wirtschaftspolitik. Theorie und Praxis der Wirtschaftspolitik VL - 2011 IS - 1 SP - 36-49 EP - 36-49 PB - Berliner Wissenschafts-Verlag – Mattimar SN - 17365597 KW - euro, euro area, euro area enlargement, Maastricht criteria, nominal and real convergence, exchange rate stability, excessive deficit procedure UR - http://www.mattimar.ee/publikatsioonid/majanduspoliitika/2011/02_Mojmir_Helisek.pdf N2 - The date of introduction of the euro in the Czech Republic has not been set. The Czech economy fulfils the inflation and interest rate convergence criteria, as well as the government debt criterion. The exchange rate stability criterion will be most likely fulfilled. The Czech economy possesses a high level of real convergence in respect of the euro area. Due to the economic recession, the government deficit criterion will probably not be fulfilled by 2012. The date of introduction of the euro in the Czech Republic is therefore postponed to 2015 at the earliest. The main reason for adopting the unified currency is the growing interconnection between the Czech and the euro area economies. The exchange rate of the Czech koruna to the euro has a higher stability than the exchange rate of the euro to the dollar, however, a long-term appreciation of the crown’s exchange rate weakens the competitiveness of the Czech exporters. The financial crisis and the recession have only complicated and postponed the adoption of the euro, but they have revealed no reasons to refuse the adoption. ER -
HELÍSEK, Mojmír. Wirtschaftliche Hindernisse für den Beitritt der Tschechischen Republik zur Eurozone (Economic Barriers of the Czech Republic´s Euro Area Accession). \textit{Estnische Gespräche über Wirtschaftspolitik. Theorie und Praxis der Wirtschaftspolitik}. Berlin,Tallin: Berliner Wissenschafts-Verlag – Mattimar, 2011, vol.~2011, No~1, p.~36-49. ISSN~1736-5597.
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