I am confident that for the next 5 to 10 years Poland will continue to grow if the world economy is growing without a major global recession or depression, says Peter Jarrett, PhD, Head of the OECD Central and Eastern Europe...
Czech Finance Minister Andrej Babiš does not favor swapping the crown for the euro yet, telling the daily Hospodarske Noviny: "I am convinced the question of adoption is not whether we will accept it but how to do it well."
Hungary could adopt the euro as its currency by the end of this decade, if economic trends continue to improve and the currency gains more stability, Hungary’s National Economy Minister Mihály Varga said in an interview with...
The unconventional monetary policy of the European Central Bank is failing to produce the expected result, i.e. an acceleration of economic growth in the euro area.
In a move that was not entirely a surprise, the new Finance Minister Paweł Szałamacha has said the government will not be pursuing euro adoption “in the foreseeable future”.
Poland will have to join the Eurozone sooner or later. Does it mean participation in the banking union? Does Poland need it?
The chances of Poland entering the euro area in the coming years are slim. The reasons for this are political and are connected with the constitutional provision that Narodowy Bank Polski has the exclusive right to issue money...
Rimantas Sadzius, Lithuania's finance minister, has a message for his Polish counterparts who are worried about joining the euro: “You have no reason to stay away. You must join.”
Although the economic crisis has largely ended, European banks have not yet regained their balance, and their biggest problem is a lack of profitability. Although their capital strength has ceased to be an issue, lending will...
Announced by the European Central Bank, scheduled for September, targeted long term refinancing operations (TLTRO) will become one of important transmission mechanisms of monetary policy. The ECB hopes that they will restore the...