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Kaczyński: Poland should postpone euro adoption for two decades

1st February 2011
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Jarosław Kaczyński, the leader of Poland's main opposition party, was quoted as saying that Poland should delay adopting the euro for at least 20 years because of the problems which currently burden the euro zone.

TVN 24 reported him as telling a conference on Monday that the złoty should serve as “at least the third currency in our part of Europe, after the euro and the dollar.”

He went on to say that the global financial system has “fallen, and it is not our job to build it again.”

Poland's current government has been forced to ditch plans to adopt the common currency in 2012 because of the global financial crisis. It nevertheless want to resume its efforts at switching currencies when the euro zone has recovered from its sovereign debt crisis. (GP)


From Warsaw Business Journal


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