Recently, there has been a broad discussion regarding the timing of joining the Euro zone. The mainstream opinion is that the sooner the Czech Republic joins, the better. However, as this thesis indicates, especially the econometric model, the Czech Republic is not ready for doing so. Hence, an early accession may not be beneficial.

The aim of this thesis, thats title is "The monetary policy of the Czech national bank and the prospects of euro adoption. Meeting the Maastricht monetary criteria and possible complications.", is answer the question whether the Czech Republic is ready now to adopt the common european currency (euro) or not. This thesis is divided into three parts. The first part pays attention to the monetary policy of the Czech national bank in connection with the entrance of the Czech Republic into the euro area and other parts deal with the convergence of the Czech Republic to the euro area. The second part discusses the convergence from the perspective of meeting the Maastricht monetary criteria and the third part deals with the real convergence. My conclusion is that the Czech Republic is not ready now to adopt euro and should wait with the adoption of a common european currency till the moment when is prepared better.

The subject of thesis the Comparison of economic development of Slovakia and Estonia before and after the entry into euro zone, is a comprehensive analysis of the economic development of Estonia and Slovakia throughout the course of the integration process in the euro zone from 2004 to 2011. The first chapter reviews the theoretical bases of the work and discussed the theoretical bases of the processes of nominal and real convergence. In the introductory part is defined the concept of nominal convergence in the context of monetary integration and introduce each of the Maastricht criteria and its own set of macroeconomic indicators, on the bases of which ought to the development of Estonia and Slovakia in the analytical part of the work. The second part of the work is focused on the evaluation of the development of nominal and real convergence of the Estonia and Slovak economy to the states of the euro area and with each other on the basis of the development of selected indicators. The third part of the work deals with the final summary and comparison economic development ongoing nominal and real convergence in Estonia and Slovakia and assessment of the decision the timing of entry Estonia and Slovakia into the euro area.

The aim of the work is to evaluate the process of nominal and real convergence in Slovakia. Furthermore, the introduction is addressed the macroeconomic development since the beginning of the separate state and evaluates it in the context of the accession to the euroarea. After posttransformating stabilization Slovakia was unable to start the successful economic development. Thanks to the adoption of restrictive measures and several reform steps since 1998 Slovakia managed to achieve a gradual healthy economic growth and improvement of macroeconomic indicators, which culminated in 2008. However in the end of the year hit Slovakia the first sign of cooling due to global economic crisis and because of this fact the work offers a short view of the fortcomming uncertain future. Nominal convergence represents within the European union the Maastricht criteria, Slovakia fullfilled them in March 2008 with caution. The real convergence is evaluated in the light of the indicator of GDP per capita in purchasing power parity, which development has seen in recent years a remarkable increase in Slovakia. Adoption of the common european currency does not mean to meat the formal Maastricht criteria but also requires the adoption of the various substantive aspects, such as Slovakia National Plan for euro.

This diploma thesis deals with the prospect of introducing the euro in the Czech Republic under the actual circumstances. The process of entering the Economic and Monetary Union is described, as well as the criteria comparison of nominal and real convergence and the hitherto development of fulfilment of conditions for introducing the euro in the Czech Republic. The other part of the diploma work compares, according to some chosen data, the development of Czech and Slovak Economies in 2004-2008, when both countries had their national currencies, and in 2009 when euro was introduced in the Slovak Republic. The aim of the analysis is to show, whether it is more beneficial for the economy to introduce euro in the current economic crisis and the prospects of euro introduction in the Czech Republic.

The thesis covers the topic of nominal convergence in terms of Maastricht convergence criteria applied to Baltic States, followed by multicriteria analysis of real convergence.

The theses deals with the austrian public debt. The theoretical part gives a view into basic terms and problematic of public finance. The theoretical terms are applicated on the probletic of public finace of Austria. There is a comparison of accomplishment of nominal convergence criteria within the members of the European Union. The history of austrian economic policy since the 20. century is described. The theses then deals with the prediction of the economic development and growth. It is described, which economic impacts on austrian public finace this could have in the following period.

This diploma thesis deals with the nominal convergence and adoption of the single currency in Slovakia and Czech Republic. The first chapter briefly describes the formation of the Economic and Monetary Union. The second chapter concentrates on the Slovak and Czech Republic and their fulfilling of nominal convergent criteria. The third chapter describes and evaluates Slovak process of euro adoption. The forth chapter deals with the Czech Republic and euro and provides also opinion of various subjects on euro introduction.

This thesis concentrates on the new member states of the European Union and their convergent processes. It is particularly focused on five Central European countries -- the Czech Republic, Hungary, Poland, Slovakia and Slovenia, which became the members of the European Union on 1st May 2004. The first chapter deals with the countries during their preparation process for the membership in the EU, the meeting the Copenhagen Criteria and their economic development. The second chapter is focused on the development of Central European countries in the EU. There is featured the development in the first years of their membership and during the economic crisis and the recovery. The third chapter concentrates on the processes of the real and nominal convergence in the Central Europe. Besides monitoring various stages of convergence over time there is documented the course of the convergence by the calculation of beta convergence in the European Union. At the end of the thesis there is outlined the relationship between the degree of nominal and real convergence in the concerned countries.

The diploma thesis evaluates nominal and real convergence of the Czech Republic in relation to its future entry to euro area. First chapter focuses on process of creating the Economic and Monetary Union and description of convergence and its function during the implementation of euro. In the second chapter the Czech monetary integration process is defined. The third and forth chapters contain evaluation of convergence of the Czech Republic. In the last chapter there is a comparison of the Czech Republic and Slovakia, especially the common and different trends in approaching the process of monetary integration.