2 days ago
The Euro Struggles to Win Over Czechs Going Slow on Adoption
The Czech central bank governor touted the benefits of his country's currency, saying that the koruna puts it in a better position to moderate price-growth than the euro would.
'By using independent monetary policy, we are able to have very low inflation for a very long time,' Ales Michl told an event hosted by Bloomberg in Prague on Tuesday. The koruna has served the Czech economy well and, as a strong currency, has a critical role in taming price growth, he said.
