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Analysis of ready state of the Czech Republic to adopt single European currency
Baštová, Lucie ; Čajka, Radek (advisor) ; Bolotov, Ilya (referee)
The Bachelor's theses "Analysis of ready state of the Czech Republic to adopt single European currency" is dedicated to the Czech Republic's accession to the euro area. In its first chapter, the reader will become familiar with the commitment of the Czech Republic to adopt single European currency which is legally embedded in the Maastricht Treaty. The next part is focused on the fulfilment of the nominal convergence criteria by the Czech Republic. The third chapter analyzes the readiness of the Czech Republic for euro area accession through an evaluation of the cyclic and structural alignment with the euro area. This chapter also describes mechanisms whereupon the Czech Republic would be able to adapt to the euro area countries in the event of the occurrence of asymmetric shocks. The last chapter refers to a strategy that has been created for the purpose of euro adoption in the Czech Republic, to the benefits and risks which can result from this step and to the institutional provision for the single European currency changeover. In conclusion, the attitude of experts on the readiness of the Czech Republic for the euro adoption is summarized and on the possible prospects for accession to euro area.

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