Analysts: Euro adoption to facilitate travelling but to increase prices

Financial analysts approached by the CTK news agency have agreed that the major advantage of an early adoption of the euro for Czech citizens would be easier travelling. On the other hand, they warned that the economy might overheat causing a rapid growth of prices. The government have agreed that the Czech Republic should adopt the European currency in 2010 but the term has been put into question by some experts. For example, the deputy finance minister Eduard Janota said on Sunday that the Czech Republic's planned adoption of the Euro in 2010 was in danger because the Czech Republic was not going to fulfil all the Maastricht criteria by the middle of 2007.