President Pavel makes fresh appeal for government to act on euro adoption

President Petr Pavel has once again urged the Fiala government to consider setting a time frame for euro adoption and moving towards that goal. Speaking at a business conference in Prague on Monday, the head of state said the benefits of euro adoption were obvious considering Czechia’s export oriented economy and pointed out that it would also be useful for Czechs travelling abroad.

The Fiala administration appears to be divided on the issue. While the Mayors and Independents and the Pirate Party have been leaning towards the euro in recent months, Finance Minister Zbynek Stanjura of the Civic Democrats recently made it clear that the Fiala government would not be setting a time frame for euro adoption during this term in office and would leave the decision to the government that will emerge from the 2025 general elections.