Fulfilment of Maastricht Criteria

Prof. Oldrich Dedek
Prof. Oldrich Dedek Chief coordinator for euro adoption in the Czech Republic

Published

Updated 27-12-2016
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Each year the Ministry of Finance and the Czech National Bank submit the Czech Government jointly prepared material which evaluates the fulfilment of the Maastricht convergence criteria and the degree of economic alignment with the Euro Area.

The document has a fixed structure. The first part is focused, in accordance with the Treaty provisions and their interpretations, on the current and perspective performance of the Czech economy from the point of view of price stability, sound public finances, exchange rate and long-term interest rate development. The second part evaluates the readiness of the Czech Republic for becoming part of a wider monetary union from the perspective of optimum currency area. The material highlights the features of the Czech economy which speak in favour of Eurozone membership as well points to some bottlenecks which may pose some risks for macroeconomic stability. Following the recent institutional changes in the Eurozone governance new commitments for the Czech Republic are also mentioned.

The document concludes with the recommendation whether to seek membership in the ERM II exchange rate arrangement in the next year.

Assessment of the Fulfilment of the Maastricht Convergence Criteria and the Degree of Economic Alignment of the Czech Republic with the Euro Area - 2016
Approved by Government Resolution No 1123 of 14 December 2016.

Assessment of the Fulfilment of the Maastricht Convergence Criteria and the Degree of Economic Alignment of the Czech Republic with the Euro Area - 2015
Approved by Government Resolution No 1075 of 21 December 2015.

Assessment of the Fulfilment of the Maastricht Convergence Criteria and the Degree of Economic Alignment of the Czech Republic with the Euro Area - 2014
Approved by Government Resolution No 1059 of 15 December 2014.

Assessment of the Fulfilment of the Maastricht Convergence Criteria and the Degree of Economic Alignment of the Czech Republic with the Euro Area - 2013
Approved by Government Resolution No 979 of 18 December 2013.

Assessment of the Fulfilment of the Maastricht Convergence Criteria and the Degree of Economic Alignment of the Czech Republic with the Euro Area - 2013
Approved by Government Resolution No 979 of 18 December 2013.

Assessment of the Fulfilment of the Maastricht Convergence Criteria and the Degree of Economic Alignment of the Czech Republic with the Euro Area - 2012
Approved by Government Resolution No 953 of 20 December 2012.

Assessment of the Fulfilment of the Maastricht Convergence Criteria and the Degree of Economic Alignment of the Czech Republic with the Euro Area - 2011
Approved by Government Resolution No 923 of 14 December 2011.

Assessment of the Fulfilment of the Maastricht Convergence Criteria and the Degree of Economic Alignment of the Czech Republic with the Euro Area - 2010
Approved by Government Resolution No 936 of 22 December 2010.

Assessment of the Fulfilment of the Maastricht Convergence Criteria and the Degree of Economic Alignment of the Czech Republic with the Euro Area - 2009
Approved by Government Resolution No 1575 of 21 December 2009.

Assessment of the Fulfilment of the Maastricht Convergence Criteria and the Degree of Economic Alignment of the Czech Republic with the Euro Area - 2008
Approved by Government Resolution No 1583 of 16 December 2008.

Assessment of the Fulfilment of the Maastricht Convergence Criteria and the Degree of Economic Alignment of the Czech Economy with the Euro Area - 2007
Approved by Government Resolution No 1430 of 19 December 2007.

Assessment of the Fulfilment of the Maastricht Convergence Criteria and the Degree of Economic Alignment of the Czech Economy with the Euro Area - 2006
Approved by Government Resolution No 1231 of 25 October 2006.

Assessment of the Fulfilment of the Maastricht Convergence Criteria and the Degree of Economic Alignment of the Czech Economy with the Euro Area - 2005
Approved by Government Resolution No 1509 of 23 November 2005.

Assessment of the Fulfilment of the Maastricht Convergence Criteria and the Degree of Alignment of the Czech Economy with the Euro Area - 2004
Approved by Government Resolution No 41 of 12 January 2005.