Blog | Utopia or reality? Czech Republic adopting the Euro by 2030

"In order to adopt the euro, a country must meet the so-called convergence criteria, which include price stability (inflation rate), government indebtedness, interest rate stability and exchange rate stability, and the country should participate in a program that will help with the difficult transition for at least two years. Currently, the Czech Republic fails to meet most of these criteria due to high inflation, excessively high lending rates and exchange rate stability."