Categories: World

Poland does not hurry to join the eurozone

Minister of Finance of Poland Mateusz Szczurek believes that the adoption of the euro by Lithuania is advantageous for this country but not for Poland, Joinfo.ua reports.

"It is obvious that the advantages and the cost of introducing the common currency in a country such as Lithuania, whose currency has been pegged to the euro for over a decade, are completely different than for such a diverse country as Poland which has a larger internal market," the Minister of Finance said.

He stressed that his office is coordinating the accession of Poland to the eurozone.

"The discussion on joining the euro in Poland should continue," Szczurek added.

"We don't want to pretend that this issue or challenge doesn't exist," Szczurek said, "but the conditions, which have been laid out by the prime minister and which we have now been talking about for a long time, such as stability in the eurozone and ongoing talks on Poland's eventual entry, must be met before we can give any date for euro adoption," the minister said.

It is to be recalled that Lithuania will join the eurozone on January 1, 2015.

Share
Published by

Recent Posts

Lunar Leap: How Intuitive Machines Carved a Path for Commercial Space Exploration

The flight to the moon comes from a breakthrough in technology In a move that…

1 month ago

Edward Snowden and Bitcoin: A Revolutionary Perspective on Digital Currency

The Unprecedented Advancement of Digital Currency Edward Snowden, the notorious whistleblower and staunch advocate for…

1 month ago

Beyoncé Breaks New Ground: First Black Woman to Claim No. 1 on Hot Country Songs Chart with ‘Texas Hold ‘Em’

In the ever-evolving tapestry of music, where genres blend like colors on a canvas, Beyoncé…

1 month ago

Trump’s record $355M penalty: Navigating the legal maze and its broader implications

The Verdict Heard Round the World In a seismic shift, Donald Trump, the erstwhile President…

1 month ago

Emma Stone’s BAFTA 2024 Triumph: A Milestone in “Poor Things” Journey

Another high point for Emma Stone The 2024 EE BAFTA Film Awards marked a significant…

1 month ago

United Front Against AI Disruption: Tech Giants Forge Accord to Safeguard Elections

In an era where artificial intelligence (AI) holds the power to both innovate and destabilize,…

1 month ago