Wednesday, October 1, 2014

Prime Minister does not want to accelerate entry into the euro – GazetaPrawna.pl

Prime Minister does not want to accelerate entry into the euro – GazetaPrawna.pl

“We need regardless of new intentions regarding the adoption of the common European currency to meet all the criteria. Eurozone must implement measures which will protect it against further crises. Strengthened the euro zone and stable Polish economy are the two criteria that best define the moment of entry into the the euro area “- she added.

President Bronislaw Komorowski during a speech after the appointment of government Ewa Kopacz noted that one of the great tasks facing Polish, is the debate on membership of the euro zone.

Artur Radziwill, the deputy finance minister and government plenipotentiary. euros announced last week in an interview with PAP that MF is ready to participate in the public debate on joining the euro zone, but does not want to give dates, or accelerate this process.

BALANCE BETWEEN A GROWTH fiscal consolidation

The Prime Minister also announced that the government’s priority will be to maintain a balance between further fiscal consolidation and maintaining GDP growth.

“My Government will consistently strive to further stabilize the public finances, trying to maintain a balance between maintaining economic growth and expenditure restraint “- said the expose.

’16 FROM DEFENCE EXPENDITURE 2 PROC. GDP

The Health Minister has announced an increase in defense spending to 2 per cent. Of GDP in 2016 from 1.95 per cent. today.

“We will increase defense spending from 2016 to 2 percent. GDP” – she said.

“We will increase the 2016 defense spending of 800 million zł and correspondingly more in the coming years,” – she added.

Increase defense spending was already announced by both President Bronislaw Komorowski and former Prime Minister Donald Tusk. (PAP)

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