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FinMin: Poland will adopt euro sooner or later

PR dla Zagranicy
Roberto Galea 28.06.2015 13:44
Finance Minister Mateusz Szczurek has said that there is no deadline for Poland to enter the eurozone, but it is an attractive place for Poland to expand.

"Poland will adopt the euro when it is ready for it, when the eurozone becomes an attractive place for the [country's] stable development. No deadlines are chasing us, part of the criteria for the adoption of the eurozone is worthy accomplishment, regardless of when we enter the eurozone [...] We meet most of the nominal criteria today,” Minister Szczurek told the PAP news agency.

Minister Szczurek pointed out that "the euro area itself is constantly changing, today is completely different than in 2004".

The eurozone is currently in peril due to the fact that Greece is considering leaving the zone. On Sunday news outlets reported that the European Central Bank would be ending emergency lending to Greece's banks.

“We know today that the eurozone is not completely managing to deal with macroeconomic imbalances, with the loss of competitiveness of some countries to others. The date given today as to when we have to enter the euro zone does not make sense and is not appropriate [...] mainly because we had better be sure which kind of geopolitical and economic mechanism we are entering,” Minister Szczurek said. (rg)

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