Czech Republic: Euro Not Before 2020

People ♦ Published: February 3, 2014; 15:33 ♦ (Vindobona)

Czech new Minister of Finance Andrej Babis thinks that the euro will not be introduced in the next few years.

Czech Republic: Euro Not Before 2020 / Picture: ©

According to Babis (ANO), the single European currency is a great project. Babis also 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.

According to political analysts, Babis´statement may be interpreted as…