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President Petr Pavel, at the reVize Česka 2026 summit in Prague-Radotín, once again raised the issue that Czech politics has long avoided: the adoption of the euro. He didn't frame it as a technical debate about exchange rates, but as a question of the future influence of the Czech Republic in Europe. The main message was simple: if the Czech economy is fundamentally linked to the Eurozone, the Czech Republic should not passively wait for decisions that will inevitably affect it.

According to ČTK, Pavel said at the conference that if the Czech crown were hindering the country's development, it should be abandoned. He also stated that the euro would bring the Czech Republic closer to decision-making within the European Union. "The very fact that our economy is closely linked to the Eurozone should lead us to realize that it is clearly better to be at the table where decisions are made, rather than sitting outside and then having to deal with those decisions," Pavel said.

The reVize Česka summit was organized by Hospodářské noviny and the Druhá ekonomická transformace initiative. The organizers presented this year's edition as a top economic meeting on crucial steps for the future of the Czech Republic and Europe. The program focused on growth, prosperity, competitiveness, entrepreneurship, artificial intelligence, global megatrends, and the ability of Czech companies to compete internationally.

The participation of European Commissioner for Economy and Productivity Valdis Dombrovskis added to the importance of the event. The Presidential Office had previously confirmed that Pavel would meet with Dombrovskis during the summit. The European Commission's calendar also states that Dombrovskis will participate in the reVision of Czechia conference in Prague on June 1, meet with Pavel and members of the Czech government, and visit a project in the field of radiation-resistant microelectronics.

Dombrovskis, in an interview with Seznam Zprávy in May, recalled that the commitment to adopt the euro applies to all EU member states that do not have an opt-out. However, he said that there are no sanctions for delaying the adoption, as the EU does not have a fixed deadline or an enforcement mechanism.

The Czech debate remains politically sensitive. ČT24 reported in February that support for the euro, according to STEM, is still low, at around 23 percent. iRozhlas stated before the elections last year that, according to a Median poll, 76 percent of people were against the future government adopting the euro.

Therefore, Pavel is not only addressing an economic issue, but also public opinion. However, his speech at reVize Česka was primarily aimed at managers, investors, and companies: if the Czech Republic wants to grow, it must consider whether the crown is still an advantage, or whether it is becoming more of a convenient excuse for staying out of the integrated European economy.

gnews.cz - GH

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