Putting a leash on populism

The fulfillment of the Maastricht criteria is essential for adopting the European currency. The government is to present information on Poland's preparations to enter the euro zone, as requested by the opposition parties. According to Gronicki, 2007 remains a realistic deadline for full convergence with the euro zone. "Poland has a chance to meet Maastricht criteria in 2007 providing the government in the coming years isn't too populist and hence increases the budget deficit," said Gronicki. In his view, with euro zone accession, Poland will gain access to limitless amounts of cheap capital and may be able to boost its exports. ISB