and then people ask why czechs dont adopt the euro
Ah yes, currency value = prosperity for its people…. Bro it still has an inflation rate above most of EU.
I’m no economy expert, but isn’t a significant shift of value for a currency in any direction bad? If it becomes stronger, that means it gets more expensive to export stuff and easier to import stuff, i.e. having a negative effect on own economy. Or am I missing something?
The Czech Republic just needs to abandon the Czech crown and adopt Euro already.
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and then people ask why czechs dont adopt the euro
Ah yes, currency value = prosperity for its people…. Bro it still has an inflation rate above most of EU.
I’m no economy expert, but isn’t a significant shift of value for a currency in any direction bad? If it becomes stronger, that means it gets more expensive to export stuff and easier to import stuff, i.e. having a negative effect on own economy. Or am I missing something?
The Czech Republic just needs to abandon the Czech crown and adopt Euro already.
And I’m saying this as a person who lives here…