Two-third of Czechs oppose euro adoption - poll.

By bne IntelliNews May 18, 2011
Two-third of Czech do not support the adoption of the single European currency, CTK newswire reported citing a poll of CVVM research centre. The share of euro supporters fell to 21% from 38% a year earlier. We remind that in late-December 2010, the coalition government of PM Petr Necas decided not to set a euro adoption date for the time being, despite the fact that the country had already fulfilled some of the criteria for euro adoption. Necas said that the country will adopt the euro after the European currency proves to be more advantageous than maintaining the Czech crown. Moreover, the euro introduction will be made only after the euro zone restores its stability and if the costs associated with the euro adoption are lower than the costs maintaining the independent crown.

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