Czech Republic: Erste Group´s CEO Advises Against Introducing the Euro

More+Comment ♦ Published: August 2, 2012; 17:53 ♦ (Vindobona)

According to Andreas Treichl, the Czech Republic should not enter the Eurozone now.

Czech Republic: Erste Group´s CEO Advises Against Introducing the Euro / Picture: © Vindobona.org

In an interview with the Czech newspaper Hospodarske noviny, Treichl said that the Czech Republic should stay outside the Eurozone for the time being.

„The euro is a project, which should have provided an approach of the economic development of the countries. In the last three or four years, we could see that the Eurozone countries are moving away from each other. If this…