President Komorowski says Poland could begin euro adoption procedures after elections in 2015 Courtesy of the European Parliament

In an interview for television channel TVP 1, President Bronisław Komorowski said that Poland should be able to fulfill the euro zone's convergence criteria by 2015.
"Today instead of considering theoretical matters, such as taking decisions about Poland's membership in the euro zone, we should concentrate on the first phase: fulfilling the requirements to join the euro zone ... because they are good for Poland," said Mr Komorowski.
Mr Komorowski has said adopting the European common currency will be a good move for Poland and will strengthen its political position.
Currently, out of five euro convergence criteria, Poland only meets one - its debt-to-GDP ratio is below 60 percent.
Regarding any eventual euro adoption process itself, the president said it should be launched after parliamentary elections in 2015. "Maybe it is such an important issue that I will call a Cabinet Council. I will discuss this with the prime minister," said Mr Komorowski.

Cabinet Council?

A Cabinet Council can be called to discuss crucial issues of the state. It is made up of the Council of Ministers and the president, who chairs the meetings. A Cabinet Council cannot make binding decisions, but only serves to support and advise the government.
In December last year, Prime Minister Donald Tusk made the case that Poland would soon have to make a decision on whether or not to join the euro zone, saying, "If we do not make a decision in the coming months about the direction we want to take, then it may be too late."
Finance Minister Jacek Rostowski said at the time that Poland would be ready to announce a timetable for joining the euro zone when it is sure it would be able to keep to such a schedule.

No veto to budget

Regarding ongoing negotiations on the 2014-2020 EU budget, President Komorowski said that Poland shouldn't use its veto power. "We want to receive as much money as we can, but we must be realistic," he said, adding that he doesn't plan on taking part in further negotiations on this topic.
"I did what was in my power, and I hope that it will help reach compromise."

Remi Adekoya