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Money Exchange for Czech Republic -Services - Money
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Czech Republic – No to the Euro Currency
When asked if the Czech Republic should work toward adopting the euro as its unit of currency, some 59.2 percent of Czech said no and an additional 14.5 percent said rather no (totaling 73.7 percent). Support for the euro was just 19.9 percent, or fewer than one in five people.
The Czech Republic is bound to eventually accept the euro as its currency under its agreement to join the EU, although no date has been set.
Prime Minister Petr Nečas has said his Cabinet, which should be in office to 2014, won’t make any decisions about the euro. If that holds true, the earliest adoption date would be 2017. Slovakia, Slovenia, Cyprus, Malta and Estonia, which, like the Czech Republic, joined the EU in May 2004 have already adopted the euro as their national currency.
If the Czech Republic had the euro as its currency, the poll shows that Czechs would still be highly opposed to providing financial aid to fellow eurozone countries that had gotten themselves into financial trouble, such as is currently the case with Portugal.
Some 53.5 percent are strongly opposed and another 19.3 percent rather opposed to such help, according to SANEP. In total, just 16.8 percent would favor helping indebted eurozone countries.
As for joining the EU itself, it is unlikely the Czech Republic would now do so. If a referendum on EU entry were held now, just 42 percent of respondents would favour entry, while 44.6 percent would oppose it.
Czech Republic – Big Shift Against Adopting the Euro
That is a big shift from the results of the actual EU referendum held June 2003, where 77.3 percent were for entry and only 22.7 percent opposed it. When asked if their opinions toward the EU have changed over time, though, 62.4 percent of respondents said that they have not, while 31.8 percent said they had.
“More than half of the respondents, 57.9 percent, perceive EU institutions, which transcend the laws of the member states, as ineffective and untrustworthy.” SANEP said in its report. Less than a third, some 32.5 percent, said they trusted the EU.
Credit cards:
Major cards such as American Express, Diners Club, Discover, Visa, MasterCard and others may be used to exchange currency and are also accepted in some hotels, restaurants and shops, and in ATMs.
ATM:
Major cards such as American Express, Diners Club, Discover, Visa, MasterCard and others may be used to exchange currency and are also accepted in some hotels, restaurants and shops, and in ATMs.
Travellers cheques:
These are accepted in banks, but only rarely in hotels and almost never in restaurants. To avoid additional exchange rate charges, travellers are advised to take traveller's cheques in US Dollars, Euros or Pounds Sterling.
Banking hours:
Generally Mon-Fri 0800-1630. Some banks close early on Fridays.
Currency restriction:
There are no restrictions on the import or export of local or foreign currency. However, amounts exceeding €10,000 or equivalent must be declared if travelling from or to a country outside the European Union.
Currency exchange:
Foreign currency (including traveller's cheques) can be exchanged at all bank branches and at authorised exchange offices, main hotels and road border crossings.
