The Government has approved the joint recommendation of the Ministry of Finance of the Czech Republic and the Czech National Bank not to set a target date for adopting the euro yet. The Czech Republic will therefore not attempt to enter ERM II in 2017.

The Ministry of Finance strives for utmost transparency and unbiased and objective macroeconomic forecasts, it will therefore invite experts independent from Czech government institutions to evaluate its macroeconomic forecasts, until the adoption of aforementioned acts and the founding of Council for Budgetary Forecasts.