Analýza připravenosti České republiky na přijetí Eura v roce 2018 ve srovnání se Slovenskem z roku 2005

This diploma thesis deals with the issue of preparedness of the Czech Republic to adopt the common European currency, the euro. First, the thesis presents the development of the Economic and Monetary Union in Europe and defines the nominal convergence criteria set by the Maastricht Treaty. This is followed by the description of the theoretical concept of economic integration and the theory of optimal monetary area, which helped to form the indicators of real convergence. Subsequently the process of adopting the euro in the Slovak Republic is presented since this example is used in the comparison in the main part of the thesis. The analysis of the Czech Republic’s readiness to adopt the euro is divided into three subchapters of the main part of the thesis. While the degree of fulfilment of the nominal convergence criteria by Czech Republic indicates a relatively good level of preparedness, the analysis of current economic alignment shows that the Czech Republic is not achieving sufficient real economic convergence with the euro area. The comparison with the state of preparedness of the Slovak Republic for the adoption of euro before the entry into ERM II brings a different perspective on the issue. However, despite the better state of preparedness of the Czech Republic it cannot be said that the Czech Republic is fully prepared to adopt the common currency due to persistent insufficient fulfilment of real convergence criteria.