Czechs should weigh euro entry carefully -c.banker

17.10.2007 | , Reuters
Zpravodajství ČTK


perex-img Zdroj: Finance.cz

The Czech Republic should carefully weigh the timing of euro adoption as rushing into the euro zone could cause problems for the economy, Czech...

...central bank (CNB) board member Pavel Rezabek said on Wednesday.

"It is not a question of yes or no but when (to join), and this is a question that is in the Czech Republic's discretion," he told a seminar on euro adoption.

"We should weigh the timing of entry to the euro zone very carefully. I agree we should not enter too late ... but on the other hand, overly hasty entry could cause certain problems," he said.

[PRAGUE/Reuters/Finance.cz]

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