Euro adoption is not government coalition target - FinMin Babis


06.02.2014 18:45

Prague - Finance Minister Andrej Babis (ANO) said during a question time in parliament today that euro adoption is not an objective of the government coalition.


Andrej Babiš hovoří s novináři při příchodu ke Krajskému soudu Bratislava I, kde 30. ledna pokračovalo soudní líčení ve věci jeho žaloby proti slovenskému Ústavu paměti národa v souvislosti s archivními svazky, ve kterých je Babiš veden jako agent komunistické Státní bezpečností (StB). ČTK Koller Jan

He was reacting to a statement by Foreign Minister Lubomir Zaoralek (Social Democrats, CSSD) that the government will try to prepare the country for introducing the single currency as soon as possible.

"The euro is not certainly the objective of the coalition. We have never discussed it and if Mr. Zaoralek speaks about I do not know what his sources are," said Babis.

According to him, the Czech Republic is not prepared to adopt the euro although the basic criteria are fulfilled.

Babis repeated his statement on Facebook on Sunday that he estimates the country might introduce the European currency in six years at the earliest.

"It is not principally a task for the current government coalition," he said.

Zaoralek spoke about the need to adopt the euro in the shortest possible time last week when he assumed his office.

No date has been agreed yet, though, he added.

Babis confirmed that the coalition agreed to join the EU's fiscal pact that obliges all EU countries to transpose into their legislation budget discipline rules.

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