Abstract
The paper focuses on the analysis of the economic Maastricht convergence criteria according to Article 140 of the Treaty on the Functioning of the European Union, including assessment of their fulfillment by the Czech Republic in 2022. The aim of the article is to evaluate their economic meaning and propose recommendations for the economic policy of the Czech Republic, should it decide to adopt the euro and meet these criteria.
The conclusion is that the convergence criteria are useful for evaluating prospective euro area members. Before joining the euro area, the Czech Republic should primarily focus on meeting the price stability criterion and prepare for the fact that the process of adopting the euro may take a relatively long time due to the actual requirements pertaining to the exchange rate stability criterion.