Smoke From the ‘Burning’ Eurozone Scares Away Poland’s Central Bank

Monday, July 27, 2015
By Paul Martin

SputnikNews.com
27.07.2015

Marek Belka says it is “not safe” to join the currency bloc, which suffers from a “vicious circle” based on a lack of solid fiscal integration.

Marek Belka, Poland’s former Prime Minister who currently serves as the governor of its National Bank, said that Poland wants to steer clear of the Eurozone, despite being obliged to join the single currency as part of its membership of the European Union, which it joined in 2004.

>”You shouldn’t rush when there is still smoke coming from a house that was burning. It is simply not safe to do so.”

“As long as the eurozone has problems with some of its own members, don’t expect us to be enthusiastic about joining.”

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