Morawiecki: too early for Poland to join the euro zone
22:05
“It is still too early to join Poland in the euro zone,” PM Mateusz Morawiecki said. According to him, it will be possible to consider joining the euro zone when wages in Poland reach 70-80 percent of German wages.
“A country that is catching up, such as Poland, perhaps in the future should join the euro zone, but it is still too early, which is related to the differences in salaries and productivity,” he explained.
According to him, it is necessary to create potential buffer zones that would allow effective fight against crises. “The third wave of the crisis that will come and we will be able to control. We have managed to avoid a deep recession like Slovakia, Latvia or Romania in 2009 and in 2011-2012, thanks to the weakening of the PLN, which influenced the growth of exports from Poland, which helped our economy,” Morawiecki said.