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Do some Exercises: Słuchaj i zapisuj Tworzenie zdań Ukryte słowa
July 7, 2011
Poland will adopt the European single currency when it fulfills the EU's convergence criteria, Prime Minister Donald Tusk told a press conference in Strasbourg Wednesday.
"As far as Poland is concerned, we will renew our attempt to join the euro zone when we fulfill the Maastricht criteria," Tusk said. "Nothing has changed in this respect."
Poland's earlier plans to adopt the euro were thwarted by the fall of Lehman Brothers bank and the global financial crisis that ensued, Tusk said.
"It is no consolation to me that many euro zone countries also fail to meet all the criteria," he added.
Poland currently meets two of five eurozone convergence criteria and should meet the fiscal criteria in H1 2013, deputy Finance Minister Ludwik Kotecki told deputies last month.
Source: The Warsaw Voice