Fulfilling criteria does not mean joining euro zone - PM
Poland will aim at fulfilling the euro zone’s convergence criteria, but that does not mean immediately adopting the common currency, Prime Minister Donald Tusk told Polish Radio on Wednesday.
“When it comes to standards that have to be fulfilled to be in the euro zone, we will do it anyway, because it worth it in itself,” Tusk said. “They are favorable for public finances and for the economy, but that does not automatically mean joining the euro zone.”
The PM believes that a serious debate on changing the currency may be launched only when there is a majority in parliament capable of changing the constitution. Poland’s constitution now names the złoty as the country’s currency. A majority of three fifths is necessary to change it.
