Milena Hrdinkova: The Czechs will not sacrifice economic convergence for monetary integration

Milena Hrdinkova: The Czechs will not sacrifice economic convergence for monetary integration

Milena Hrdinkova: The Czechs will not sacrifice economic convergence for monetary integration — — -Prague (Brussels Morning). The question of the Czech Republic’s monetary union with its European partners is as controversial an issue there as it is in Denmark, Sweden and Poland. This does not appear to be merely a matter of time, as in Bulgaria or Romania, but more substantially a matter of principle. And the principle is simple: the Czech electorate fears that monetary integration could come at the cost of economic convergence.