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Gazeta Wyborcza - Poland | Tuesday, November 20, 2007

Has Poland missed its opportunity to introduce the euro?

Witold Gadomski calls for the rapid introduction of the euro in Poland. In his opinion the former governing PiS party postponed the step unnecessarily. "If the preparations for the conversion to the euro had begun in 2006 we would have been using the currency that is accepted in most European countries in two months' time. Thanks to the low inflation rate which resulted from the decisions of the monetary council 2001 and 2002, introducing the euro would have been easy. But the PiS government missed its chance. Now its politicians are warning the PO-PSL government not to remedy the mistake. It's true that the economy isn't doing as well as it was two years ago and the cost of introducing the euro would now be higher... But the introduction of the euro is an investment for the future and would pay off in a couple of years."

» To the complete press review of Wednesday, November 21, 2007

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