In January, the Czech President appointed Bohuslav Sobotka as the new prime minister. Sobotka is the former finance minister and chairman of the Czech Social Democratic Party (ČSSD).
He wants to raise pensions and the minimum wage while keeping the budget deficit below 3% of GNP. He also favors closer links with the rest of Europe and potentially adopting the Euro around 2020. But that's six years away and he's the 11th prime minister since 1993.
Czech Koruna Exchange Rate
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