Switching to the euro was discussed by the Czech Republic’s state secretary for European Affairs, Tomáš Prouza.

As reported by Radio Prague, Prouza has said it would cost about a half a percent of gross domestic product. It would pay CZK 34 billion into the European Stabilisation Mechanism.

Speaking at a conference about the euro in Prague on January 29, Prouza also said the country fulfilled the criteria for euro adoption much better today than it did 11 years ago.

The news conference ...