Czech cbanker urges reforms to precede euro target

02.03.2007 | , Reuters
Zpravodajství ČTK


perex-img Zdroj: Finance.cz

PRAGUE, March 2 (Reuters) - Czech central bank board member Vladimir Tomsik urged the government on Friday to avoid proposing any specific...

...target date for euro adoption before committing itself to a clear reform agenda.

Tomsik wrote in an economic column in the business daily Hospodarske Noviny that a wide public finance deficit -- seen at 4 percent of gross domestic product (GDP) this year -- was the key barrier to both sustainable growth and timely euro entry.

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