Courtesy of the IMF

Poland sees itself as a future member of the euro zone but is in no hurry to adopt the euro, Marek Belka, president of the National Bank of Poland, said on Thursday.

“Poland perceives itself as a future member of the euro zone but is avoiding haste on the matter for a number of reasons,” Mr Belka declared in a speech he delivered at the close of an international conference titled “Europe's reconfiguration – View from Central-East Europe.”

“The main reason is that we are not yet well-prepared to join the zone,” Mr Belka added. He also noted that Poland must be sure that the euro is a stable structure. “There is no point in joining the monetary union unless we are convinced that it will last. We want to be sure that the euro is irreversible and then we will initiate preparations for membership,” he concluded.

Poland A.M.