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Adoption of the Euro in the Czech Republic
KLÁSKOVÁ, Lucie
The bachelor's thesis introduces the issue of the theoretical adoption of the Euro in the Czech Republic to which the country was undertaken in the process of accession to the European Union in 2004. There is not fixed date for joining the Euro Area yet, despite meeting part of requirements in the past. The presumption of Euro acceptance is the government decision and to fulfil the criteria. The main aim is to give a detailed description of the process of the switching to the Euro Area with all economic and legal aspect. The thesis describes the history of the Economic and Monetary Union, its current situation, scenarios of adoption and national plan. There are answered the issues of when and how it will be the most profitable way to adopt the Euro and what are the main benefits and risks. In conclusion, there is described and analysed the process of fulfilment of the Maastricht convergence criteria and amendment arising from the transition to the single currency.

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