History of the euro support the euro in 2001. Later in 2000, Denmark held a referendum on whether to abandon their opt-out from the euro. The referendum resulted in a decision to retain the krone, and also set back plans for a referendum in the UK as a result. The procedure used to fix the irrevocable conversion rate of 340.750 between the Greek drachma and the euro was different, since the euro by then was already two years old. While the conversion rates for the initial eleven currencies were determined only hours before the euro was introduced as a virtual currency, the conversion rate
Czech Republic and the euro positioned to adopt the euro, following the European debt crisis there has been considerable opposition among the public to the adoption of the euro currency. According to a poll conducted in April 2017, 29% of Czechs were in favour of introducing the euro while 70% were opposed and 1% undecided. , there is no target date by the government for joining the ERM II or adopting the euro. The ruling cabinet that was formed following the 2017 legislative election does not plan to proceed with euro adoption within its term. The European Union membership referendum in 2003 approved the country's