Czech Central Banker Sees Stable Rates in Most of 2011, E15 Says

Czech interest rates will probably remain stable for “a majority” of 2011, central bank Vice Governor Vladimir Tomsik said in an interview with newspaper e15.

A debate about timing of adoption of the euro is “not a realistic or interesting theme,” Tomsik told the newspaper in the interview published today. “I am deeply convinced that the Czech Republic is being helped by its own currency.”