Přijetí eura v ČR se zaměřením na rizika monetární politiky v eurozóně

The aim of this bachelor thesis is to evaluate a complex ecosystem of the euro adoption and to find out whether Czech Republic should enter the European monetary union. In the first place, this paper introduces the eurozone functioning and its performance in the Optimum currency area theory. Subsequently, the paper examines whether Czech Republic fulfils the convergence criteria. The second part of this thesis addresses the benefits of the European currency, which are divided into a microeconomic and macroeconomic sector. The pivotal section analyses the risks of eurozone monetary policy and compares its evolution to Czech National Bank’s current policies. The main part further examines common fiscal policy drawbacks originating from countries overindebtedness and follows up with the threat of inflation. Based on performed analysis, the Autor of this thesis has come to the conclusion that Czech Republic would beneficiate from a monetary union with its business partners. Underlined profits would outstrip the current risks.