Poland: Rostowki’s Fight for the Euro

People ♦ Published: February 24, 2013; 23:12 ♦ (Vindobona)

Even though Poland’s rating outlook has been revised from “A-“ to “A” by Fitch it still has to face political reforms in order to improve its economic competitiveness.

Poland: Rostowki’s Fight for the Euro / Picture: © Vindobona.org

Finance Minister Rostowski praises Poland’s good economic performance in the last year leading to the Long-Term foreign and local currency Issuer Default Ratings (IDRs) upgrade by Fitch Ratings from “stable” to “positive”.

However, he points out that in order to become a member of the Eurozone, Poland will still need to undergo countless reforms. At the same time,…