The Czech economy is now prepared to adopt the euro and would have no
significant problem in joining the single currency market, according to the
governor of the Czech National Bank, Jiří Rusnok. Mr. Rusnok noted
however that there were still huge disparities in prices and salaries
between the Czech Republic and members of the Eurozone which should be
bridged before the country made the move. He said that, barring unexpected
circumstances, this could be achieved within five years. Czech governments
have so far refrained from setting a time frame for euro adoption, and
Andrej Babiš, whose ANO party is widely expected to win the autumn general
elections, has said he is against the country joining the single currency.