Actually, the answer to that is, according to the Fitch agency, 70% of the eurozone countries have a higher rating than the Czech Republic, while in 2008 it was 0%. A change study published in the IMF edition documents that in general, a fixed exchange rate regime (e.g. a eurozone country) is associated with a higher budget discipline, not a free exchange rate regime (e.g. Austria). The loss of a disciplined budget in a euro-type monetary union leads to deficits, faster debt and a higher rating, which is not the case, for example, in the case of EU countries that do not pay in euros. If due to the weakness of the tax budget, the monetary union is not subject to corrective fiscal rules, such a monetary union will eventually disintegrate under the debt. As is well known, in the Eurozone, the budget rules of debt and deficit (Growth and Stability Pact and its modifications) are long-term gross compared to practically all of its countries.
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