Polish executives look forward to euro implementation at home
For Polish executives, transactions in euro currency would mean a significant drop in currency ratio risk and accountancy costs. "First of all, the ratio risk will be lower and this means a drop of operation costs," said Andrzej Lis, Stalexport S.A. trade director. Gdynia Shipyard president Janusz Szlanta agreed, saying the euro will simplify transactions as the shipyard will use only one currency with European shipowners, resulting in cost savings. (Rzeczpospolita, page 9)