Poland’s overseas minister thinks that Eurozone international locations ought to be capable of ditch the only forex
The EU wants a reform that might enable member states to desert the euro and return to their nationwide currencies, Polish Overseas Minister Zbigniew Rau mentioned in an interview with the newspaper Rzeczpospolita on Monday.
“The equality of member states requires the restoration of equal alternatives for his or her improvement, which, in flip, ought to result in the reform of the Eurozone. The radicalism of this reform can not a priori exclude any options, akin to … a brief or everlasting return of a few of the Eurozone member international locations to nationwide currencies,” the overseas minister acknowledged.
The top of Poland’s ruling Regulation and Justice Get together, Jaroslaw Kaczynski, has beforehand mentioned that transitioning to the euro would result in a radical impoverishment of the Polish folks.
Poland joined the European Union in 2004 however doesn’t use the euro as its forex. Though underneath the Treaty of Accession all new EU member states should be part of the Eurozone, international locations do have the precise to postpone their adoption of the only forex, which Poland has performed. Nonetheless, it’s nonetheless anticipated to finally change its forex, the zloty, with the euro.
The present authorities has repeatedly opposed becoming a member of the Eurozone for the foreseeable future, stressing that it’s about “Poland sustaining its independence and sovereignty.”
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