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The koruna, or crown ( sign: Kč; code: CZK, Czech: koruna česká ), has been the currency of the Czech Republic since 1993. The koruna is one of the European Union 's eight currencies, and the Czech Republic is legally bound to adopt the euro in the future. The official name in Czech is koruna česká (plural koruny české, though the zero ...
The Czechoslovak koruna (in Czech and Slovak: koruna československá, at times koruna česko-slovenská; koruna means crown) was the currency of Czechoslovakia from 10 April 1919 to 14 March 1939, and from 1 November 1945 to 7 February 1993. For a brief time in 1939 and again in 1993, it was also the currency of both the separate Czech ...
The Czech Republic is bound to adopt the euro in the future and to join the eurozone once it has satisfied the euro convergence criteria by the Treaty of Accession since it joined the European Union (EU) in 2004. The Czech Republic is therefore a candidate for the enlargement of the eurozone and it uses the Czech koruna as its currency ...
"Crown", or its equivalent in other languages, is derived from the Latin word corona. The symbol for crown is usually "kr". Some countries use another symbol for it like Íkr, -, Kč. [citation needed] The local name for "crown" depends on the official language of the country. [citation needed]
Several countries use currencies which translate as "crown": the Czech koruna, the Norwegian krone, the Danish krone, the Icelandic króna, and the Swedish krona. [7] At present, the euro is legal tender in 20 out of 27 European Union member states, [8] in addition to 5 countries not part of the EU ( Monaco, San Marino, Vatican City, Andorra ...
In 2014, GDP in the Czech Republic increased by 2% and is predicted to increase by 2.7% in 2015. In 2015, Czech Republic's economy grew by 4,2% and it's the fastest growing economy in the European Union. [49] On 29 May 2015, it was announced that growth of the Czech economy has increased from calculated 3,9% to 4,2%.
Bohemian crown jewels. The crown has an unusual design, with vertical fleurs-de-lis standing at the front, back and sides. Made from 22-carat gold and a set of precious 19 sapphires, 30 emeralds, 44 spinels, 20 pearls, 1 ruby, 1 rubellite and 1 aquamarine, it weighs 2,475 g. At the top of the crown is the cross, which reportedly stores a thorn ...
The Czech power company CEZ said Tuesday its net profit in the first quarter of the year reached 13.6 billion Czech crowns ($592 million), 2.7 billion up compared with the same period of the ...