Morawiecki: full convergence condition for adopting the euro – Puls Biznesu

“Whether and to what the shape of the euro zone will survive – to see, and whether Poland can it be found? Absolutely, when we fully konwergentni, but now we do not have complete consistency. That is a big question mark,” – said Morawiecki during speech at the European Congress of Financial in Sopot.

He pointed out that, for example. Austria, Germany and the Benelux countries could create a monetary union have even 30 years ago, precisely because of their economic cohesion.

Referring to the currently under negotiation agreement TTIP, the Deputy Prime Minister said that it may be beneficial or detrimental, depending on what sectors will.

“trade is a very good thing, but our nascent industries can not make it grow. every historian economy, including [Adam] Glapińskim, certify that it is important to protect local markets “- pointed out.

He stressed that it is worth to protect what they did in Poland to create, bearing in mind the need move away from putting on low costs to focus on high-acquired margins.

the areas that negotiations TTIP doubt Polish are: intellectual property rights, arbitration between global corporations, as well as the chemical industry and agriculture.

Negotiated agreement TTIP, if it comes into force, will cover trade in goods, services and investment flows. 13. round of negotiations was held in April this year. in New York.

In his speech, Deputy Prime Minister re-emphasized a role of long-term savings in the implementation of economic policy and reiterated that soon the government will present its proposals in this regard.

“Long-term saving is a heel Achilles our economic growth. If we wade in the imbalance between consumption, investment and savings, it’s far will not get. [...] within a month, or a similar period present, we want to contribute to building a long-term savings and the Polish capital, “- he said Morawiecki.

in mid-May the Deputy Prime Minister announced that in 2-3 months the government will propose a program to strengthen the economy both through pension funds, saving mechanisms in banks, insurance companies and investment funds.