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Blog by Michael Clay

Poland Can Adopt Euro in 2013 at Earliest IMF Official

Michael Clay - Thursday, August 06, 2009
Poland Can Adopt Euro in 2013 at Earliest: IMF Official

Poland can enter the single European currency in January 2013 at the earliest, the International Monetary Fund’s regional representative for Central Europe, Mark Allen, told the PAP news agency.

But Poland need not rush to adopt the euro as the single currency "is no wonder drug, nor is it the Holy Grail," he said.

Poland’s deputy Finance Minister Ludwik Kotecki announced last week that, “amid a completely different macroeconomic situation” the government will not be taking the country into the eurozone in 2012, as it had planned.
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