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The Czech Republic is bound to adopt the euro in the future and to join the eurozone once it has satisfied the euro convergence criteria by the Treaty of Accession since it joined the European Union (EU) in 2004. The Czech Republic is therefore a candidate for the enlargement of the eurozone and it uses the Czech koruna as its currency ...
The koruna, or crown ( sign: Kč; code: CZK, Czech: koruna česká ), has been the currency of the Czech Republic since 1993. The koruna is one of the European Union 's eight currencies, and the Czech Republic is legally bound to adopt the euro in the future. The official name in Czech is koruna česká (plural koruny české, though the zero ...
In 2014, GDP in the Czech Republic increased by 2% and is predicted to increase by 2.7% in 2015. In 2015, Czech Republic's economy grew by 4,2% and it's the fastest growing economy in the European Union. [48] On 29 May 2015, it was announced that growth of the Czech economy has increased from calculated 3,9% to 4,2%.
In 2015, total revenue stood at CZK 670.216 billion which was 36.3% of GDP. The tax quota of the Czech Republic is lower than the EU average. [1] Compared to the averages of the OECD countries, revenues generated from taxes on social security contributions, corporate income and gains and value added taxes account for higher proportions of total ...
The Czech National Bank, ( Czech: Česká národní banka, ČNB) is the central bank and financial market supervisor in the Czech Republic, headquartered in Prague. It is a member of the European System of Central Banks. It was established on 1 January 1993 from the division of the State Bank of Czechoslovakia as part of the process of ...
The Czech Republic participates in the European Single Market as a member of the European Union and is therefore a part of the economy of the European Union, but uses its own currency, the Czech koruna, instead of the euro. It has a per capita GDP rate that is 91% of the EU average and is a member of the OECD.
Tomáš Rosický ( Czech pronunciation: [ˈtomaːʃ ˈrosɪtskiː]; born 4 October 1980) is a Czech former professional footballer who was the captain of the Czech Republic national team for a ten-year period. He played club football for Sparta Prague, Borussia Dortmund and Arsenal. Currently, he serves at the sports director of Sparta Prague.
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