Poland in euro zone without ERM II?

Poland's accession to the euro zone without the two-year ERM II waiting period is a possible scenario, Jan Krzysztof Bielecki, head of the Prime Minister's Economic Council, told Obserwatorfinansowy.pl.

 

“I can imagine the push for deeper political integration resulting in Poland receiving the offer of joining the euro zone, but without the two-year waiting period within ERM II. That principle no longer fits the current European reality,” he said.

 

Bielecki stressed that if Poland were to enter the exchange rate mechanism, the process of euro adoption “would take years.”