PM Paroubek: plans to join euro-zone must remain on track
The Prime Minister Jiri Paroubek has said that the current debate on the future of the euro must not cast doubt on Czech plans to join the single currency by 2010. He stressed that even the prospect of joining the euro is beneficial for the country's economy, for instance by helping to reduce the deficit in public finances. Finance Minister Bohuslav Sobotka likewise stressed that the euro was a successful project and that plans to join the single currency should remain on track. Although analysts say there is no economic reason for the euro-zone to break up, some have advised putting off euro adoption beyond 2010.