BLOOMBERG/
PM Petr Necas (pictured) claims that in practice the Czechs can opt out of joining the euro and shouldn’t hurry in making a decision on adopting the single currency.
Recently Poland's central bank Governor Belka said the Poles would not hurry to adopt the euro because of the currency's uncertainties.
“Nobody can force us into the euro, de facto we have an opt-out,” Necas said in a on state tv. The switch to the euro must be preceded by spending at least two years in the exchange rate mechanism to prove currency stability, and “nobody can force us to enter this mechanism,” he said. “It’s solely up to our will, it’s our decision, and there is no reason to rush.”
Polls show that 70 percent of Czechs now oppose dropping the koruna for the euro.
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