Belka and Rostowski “Time to Move Up a Gear”

People ♦ Published: March 4, 2013; 14:01 ♦ (Vindobona)

Governor of NBP (National Bank of Poland) Marek Belka and Poland´s Minister of Finance Jacek Rostowski want to accelerate Poland´s approach to the Eurozone.

Belka and Rostowski “Time to Move Up a Gear” / Picture: ©

Before Poland can join the Eurozone, the country needs more economic and fiscal reforms, Belka and Rostowski say. According to them, Poland needs more austerity measures. In the end, Poland will benefit from the euro adoption criteria, they say. A higher degree of austerity will enable Poland to maintain the current level of competitiveness and to lower the unemployment quota, Belka…