sport

Poland is still not ready to adopt the euro, its finance minister says

Font size+Author:Global Graph news portalSource:business2024-05-21 06:53:55I want to comment(0)

WARSAW, Poland (AP) — Twenty years after joining the European Union, Poland is still not ready to ad

WARSAW, Poland (AP) — Twenty years after joining the European Union, Poland is still not ready to adopt the euro currency, the finance minister in the pro-European Union government said.

Andrzej Domański, finance minister in the Cabinet of Prime Minister Donald Tusk, said in an interview on TVN24 on Monday that Poland joining the eurozone, the currency union of 20 EU members, is not justified at this time.

He said he believed that having its own currency, the zloty, helped Poland avoid recession during the global financial crisis and to weather other shocks.

On Wednesday, Poland and nine other countries will mark the 20th anniversary of joining the EU, on May 1, 2004. Under the terms of membership, Poland committed itself to replacing the zloty with the single European currency.

Related articles
  • Yvette Fielding says her Most Haunted co

    Yvette Fielding says her Most Haunted co

    2024-05-21 06:25

  • Danish King Frederik and his Australian

    Danish King Frederik and his Australian

    2024-05-21 06:20

  • Pamela Anderson goes make

    Pamela Anderson goes make

    2024-05-21 05:59

  • Liam Gallagher rents swanky £17,000

    Liam Gallagher rents swanky £17,000

    2024-05-21 05:48

Netizen comments