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Czech PM mulls euro referendum
Date 28/10/2011 18:05  Author webmaster  Hits 882  Language Global
• 28 OCT 2011

By Valentina Pop | EUobserver

BRUSSELS - The ruling euro-sceptic ODS party in the Czech Republic wants to push for a referendum on the country's future eurozone accession, claiming that the rules have changed since 2003 when Czechs said yes to the EU and the euro.

The recent agreement on another bail-out for Greece and on boosting the eurozone's bailout fund is fuelling Czech calls for a referendum, said Czech MEP Jan Zahradil, leader of the European Conservatives and Reformists.

"We should allow non-eurozone members – such as my country the Czech Republic – to decide again whether they wish to enter. We signed up to a monetary union, not a transfer union or a bond union in our accession treaty. This is the major reason why the Czech Prime minister wishes to call the referendum on this matter," Zahradil said in a statement.

The Czech Republic, along with all other eastern European countries that joined the EU in 2004 and 2007, is obliged to adopt the euro once budget deficit and other economic conditions are met.

Slovenia, Estonia and neighbouring Slovakia are already members of the 17-strong club. Latvia is also striving to join, while Poland, though still seeing it as goal, says eurozone accession is no longer a priority.

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