By approving The Report on Fulfilment of the National Plan the Czech government backed the view of the National Coordination Group that there are a number of activities related to the future euro adoption that can be carried out in advance without knowing a target date for the Czech economy joining the Eurozone.Such activities are for the most part of a methodological nature, whose validity is permanent.The Czech Republic covers an area of 78,866 square kilometres (30,450 sq mi) with mostly temperate continental climate and oceanic climate.
Besides Bohemia itself, the king of Bohemia ruled the lands of the Bohemian Crown, he had a vote in the election of the Holy Roman Emperor, and Prague was the imperial seat in periods between the 14th and 17th century.
In the Hussite wars of the 15th century driven by the Bohemian Reformation, the kingdom faced economic embargoes and defeated five consecutive crusades proclaimed by the leaders of the Roman Catholic Church.
After the fall of the Empire in 907, the centre of power transferred from Moravia to Bohemia under the Přemyslid dynasty.
In 1002, the duchy was formally recognized as part of the Holy Roman Empire, becoming the Kingdom of Bohemia in 1198 and reaching its greatest territorial extent in the 14th century.
Three political parties that formed the coalition government based on the general elections in October 2013 announced in their Policy Statement an active effort to create conditions conducive to the adoption of the euro.
The Government also expressed its intention to sign the Fiscal Compact (the Treaty on Stability, Coordination and Governance in the Economic and Monetary Union) and to defend its interests in the emerging banking union, including preparations for accession.
The Plan’s checklist is not anchored by a specific changeover date but is based on a not yet specified €-day.
The Czech government decided that the euro will be adopted under the so-called Big Bang scenario which consists in simultaneous changeover in cash and non-cash transactions.
The document gives reasons why the original unofficial term for euro adoption in the Czech Republic of 2009-2010 was abandoned.