Euro v zemích visegrádské čtyřky
The Euro in the Visegrad Four countries

Author(s): Katarína Lokšová
Subject(s): Supranational / Global Economy, Financial Markets
Published by: AMO – Asociace pro mezinárodní otázky
Keywords: Euro-currency;
Summary/Abstract: The countries of the Visegrad Group already committed themselves to the adoption of the common European currency by signing the Treaty of Accession to the European Union (April 16, 2003 in Athens). Unlike Great Britain or Denmark, they did not negotiate the so-called an opt-out clause that would release them from this obligation. However, the timing of the accession process is fully within the competence of individual states. Despite the seriousness of this decision, it initially seemed that the Czech Republic, Slovakia, Poland and Hungary started a race to see who would finish first. Over time, however, Central European governments, with the exception of Slovakia, postponed the introduction of the euro until they reached the current situation. Currently, apart from Slovakia, which has already introduced the euro, none of its neighbors is planning to adopt the common currency in the near future.

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