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Poland sets date for euro adoption

Poland, which joined the European Union in 2004, has announced and then postponed the deadlines for joining the Eurozone several times. Earlier, the government counted on introducing the euro in 2011-2013.

As noted by Lenta.ru, to enter the Eurozone, new EU members must meet a number of macroeconomic criteria. In particular, inflation, public debt, and budget deficit must not exceed certain levels. Too high inflation in Poland (about 5%) still significantly exceeds the required ceiling of 2.5%.

Currently, the euro zone includes 15 countries. From January 1, 2009, Slovakia will become the next member of the club, having received permission for this step in July of this year.