The Czech economy is ready to adopt the euro. The reasons for the postponement of the\neuro adoption process are merely political. People are sceptical when it comes to the euro\n(also in the light of the existing debt crisis in the euro area); consequently, political\ninstitutions do not promote the euro introduction. Concerns thus remain. We can expect\nanalogical development in the Czech Republic as that of Slovakia or Slovenia, as these\neconomies are similar. Actual inflation did not increase in either of the two countries;\nhowever, the perceived inflation was quite high. The prospect of the euro introduction\ndepends on how to avoid worries about inflationary implications of the introduction of the\neuro. The communication and information campaign should focus on eliminating the\nconcerns about the euro introduction.
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