Czech Republic. Euro Adoption Causes Dispute Within the Cabinet

People ♦ Published: February 7, 2014; 21:42 ♦ (Vindobona)

Czech Minister of Foreign Affairs Lubomir Zaoralek (CSSD – Czech Social Democrats) wants to adopt the euro as soon as possible. Minister of Finance Andrej Babis rejects that idea.

Czech Republic. Euro Adoption Causes Dispute Within the Cabinet / Picture: © Vindobona.org

Czech new Minister of Finance Andrej Babis thinks that the euro will not be introduced in the next few years. Basically, Babis supports the introduction of the euro. However, the Czech Republic still needs time to switch from the koruna to the euro. Moreover, Babis underlined that the Czech Republic must not be liable for Greek or Spanish debts.

Minister of Foreign Affairs…