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Published

CNB and MF recommend not to set euro adoption date yet

The Czech National Bank and the Ministry of Finance have recommended not to set a target date for adopting the euro yet and thus not to attempt to enter ERM II in 2011. This joint recommendation, based on an analysis entitled “Assessment of the Fulfilment of the Maastricht Convergence Criteria and the Degree of Economic Alignment of the Czech Republic with the Euro Area”, was adopted by the government at its meeting on 22 December 2010.

Published

Assessment of the Fulfilment of the Maastricht Convergence Criteria and the Degree of Economic Alignment of the Czech Republic with the Euro Area - 2010

On 22th December 2010, the Czech Government discussed and adopted an analysis entitled “Assessment of the Fulfilment of the Maastricht Convergence Criteria and the Degree of Economic Alignment of the Czech Republic with the Euro Area - 2010”, which assesses the Czech Republic’s preparedness to adopt the euro. Based on this analysis and in line with the Czech Republic’s Updated Euro-area Accession Strategy (August 2007), the Government agreed with the recommendation of the Czech Ministry of Finance and the Czech National Bank not to set a target date for euro area entry for the time being and not to attempt to enter ERM II during 2011.

Published

The Czech Republic Funding and Debt Management Strategy for 2011

The Strategy is based on and is consistent with the draft act on the Czech Republic’s state budget for 2011, the Medium-term Outlook of the Czech Republic’s State Budget for 2012 and 2013, the Medium-term Expenditure Framework for 2012 and 2013 and the Fiscal Outlook of the Czech Republic.

Published

Survey of macroeconomic forecasts - November 2010

Macroeconomic frameworks of the State Budget and the Budgetary Outlook and MoF forecasts are regularly compared with the results of macroeconomic indicators survey among important relevant institutions (the so-called Colloquium), last round of which took place in November 2010. Outcomes of the 30th round of the survey are based on the forecasts of 15 institutions (Atlantic, Bank of America Merrill Lynch, CERGE-EI, ČNB, ČSOB, Generali PPF Asset Management, ING, Komerční banka, MF ČR, MPO, MPSV, Patria, Raiffeisen, Union of Czech and Moravian Production Co-operatives, UniCredit). To make the survey more representative, the forecasts of two international institutions were added (IMF, OECD).

We thank all participating institutions for their cooperation.

  • Source: MF - Survey of macroeconomic forecasts - November 2010, published 11/2010, for download in PDF format