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Poland on way to join euro

Times_of_MaltaDonald Tusk became Prime Minister of Poland in 2007. Since then, he has had the goal of joining the euro. He feels that failure to join the euro could leave Poland marginalised.

Despite this, he has constantly opposed the demand for a referendum on the issue. He previously argued that joining the European Union in 2003 had already bound his country to the euro. Continue reading

Risk of Euro’s Catastrophic Collapse Alleviated, Polish Minister Says

The risk of a catastrophic collapse of the euro zone has now mostly been removed, to a large extent due to the European Central Bank’s bond buying scheme known as Outright Monetary Transactions, Poland’s Finance Minister Jan Vincent-Rostowski said.

“In Poland and in Europe, we’re in a safer situation that we were eight weeks ago, but this doesn’t mean there aren’t huge challenges, a lot of work so that we can cross the difficult year ahead as safe as possible,” he said at a conference in Poland’s parliament Friday. Continue reading

Poland and the euro: Augustinian delay

POLAND’S entry into the euro is imminent—in theory. With relatively healthy public finances, it should easily qualify. The economy is slowing but it is still the fastest-growing among big EU countries. Germany wants Poland in, at one time even talking of it joining in 2015. Yet Donald Tusk’s Civic Platform-led government has an opaque public line, promising only to join when the conditions are right. Continue reading

Euro’s Popularity Hits Record Low in Poland

Only 12% of Poles would like their country to join the euro zone, a poll showed Tuesday revealing that support for the European Union’s single currency is at the lowest level on record in Poland. Nearly a third of Poles said Poland should never adopt the euro.

The Polish public was widely in favor of joining the European Union in a 2003 referendum on the accession treaty that also obliged the country to eventually adopt the euro. Until the euro’s crisis, the majority of those polled thought abandoning the zloty was a good idea. Continue reading

Poland hasn’t changed intent to join euro -Tusk

Poland is still ready to join the euro, even though the euro zone’s reputation has been dented by a protracted debt crisis, Polish Prime Minister Donald Tusk said on Monday during a visit to Canada.

By joining the European Union, Poland had already declared its readiness to be part of the euro zone, Tusk said at a joint news conference with Canadian Prime Minister Stephen Harper. Continue reading

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