WARSAW, Poland (AP) — Twenty years after joining the European Union, Poland is still not ready to adopt the euro currency, the finance minister in the pro-European Union government said.
Andrzej Domański, finance minister in the Cabinet of Prime Minister Donald Tusk, said in an interview on TVN24 on Monday that Poland joining the eurozone, the currency union of 20 EU members, is not justified at this time.
He said he believed that having its own currency, the zloty, helped Poland avoid recession during the global financial crisis and to weather other shocks.
On Wednesday, Poland and nine other countries will mark the 20th anniversary of joining the EU, on May 1, 2004. Under the terms of membership, Poland committed itself to replacing the zloty with the single European currency.
Storms damage homes in Oklahoma and Kansas. But in Houston, most power is restored
Melinda French Gates resigns from Gates Foundation
Arkansas and coach John Calipari will face former team at Kentucky in SEC next season
Russian theater director and playwright go on trial over a play authorities say justifies terrorism
Brewers' Rhys Hoskins leaves game with injury after hitting a second
New Mexico forges rule for treatment and reuse of oil
New Jersey lawmakers pass overhaul of state's open records law
Brazil replaces injured goalkeeper Ederson in Copa America squad
Ben Roethlisberger named in Donald Trump hush