Holding Off on Euro

Finance Minister Mateusz Szczurek said in an interview for news station TVN24 Biznes i Świat that it is is unlikely for Poland to join the euro zone before 2020,  .

“I think that it is very unlikely for us to be able to pay in euro in Poland until the end of this decade, that is until the end of 2020,” he said.

Szczurek added that adopting the common EU currency would contribute to Poland's economic stability only when the euro zone is a stable economy itself. “It worth joining the euro zone only when it is favorable and safe for the Polish economy,” he said.

The finance minister also confirmed that there are plans to cut the main VAT rate in Poland back from 23 percent to 22 percent in 2017.