Přehled o publikaci

The Czech economy is ready to adopt the euro. The reasons for the postponement of the euro adoption process are merely political. People are skeptical when it comes to the euro (also in the light of the existing debt crisis in the euro area); consequently, political institutions do not promote the euro introduction. Concerns thus remain. We can expect analogical development in the Czech Republic as that of Slovakia or Slovenia, as these economies are similar. Actual inflation did not increase in either of the two countries; however, the perceived inflation was quite high. The perspective of the euro introduction depends on the ways and means of affecting the perception of inflation by people; this will also prevent concerns about inflation effects arising from the euro introduction.