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Dec. 15 (Bloomberg) -- The Czech central bank and the Finance Ministry jointly recommended that the government hold off on setting a target date for adopting the euro for now, the bank said today in a statement on its website.
Prime Minister Petr Necas has repeatedly said his Cabinet won’t set a target for joining the euro region. The bank and the ministry also recommended the government not try to join the exchange-rate mechanism ERM2 next year, the Prague-based Ceska Narodni Banka said in the statement.
--Editor: Alan Crosby
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