The book deals with theoretical and practical aspects of the euro´s adoption of in the Czech Republic. First, it analyzes in four chapters the process of preparations for the introduction of the euro, including assumptions in terms of economic theory and in terms of synchronization of business cycles. A separate chapter is devoted to the views of the International Monetary Fund. The next three chapters are devoted to the financial sector (integration of financial markets, entry into SEPA and impacts on the central bank). The last three chapters analyze the benefits and costs of the euro´s introduction (impact on foreign trade, effects on the balance of payments and effects of the postponement of the euro´s introduction).