Czech FinMin: Plan makes 2012 realistic euro date

...country to adopt the single currency in 2012, Finance Minister Miroslav Kalousek said on Monday

"The convergence plan has been done in such a way as to make 2012 a realistic date for euro adoption even though this is not specifically mentioned (in the plan)," Kalousek told a news conference after a cabinet meeting to discuss the plan.

A worsening budget deficit forced the government late last year to abandon the previous entry target date of 2010, and markets are eager to see a new date set.