In 2011 Poland should meet all economic criteria and win approval of the European Commission to join the Euro zone, Polish Prime Minister Donald Tusk said Wednesday.
The government, the National Bank of Poland (NBP) and Monetary Policy Council (RPP) are ready to closely cooperate to achieve this goal, Tusk said after a meeting with the finance minister, governor of NBP and RPP.
"A detailed schedule of Poland's adopting the euro will be ready in October. When the schedule is ready, it will be made public," Polish news agency PAP quoted the prime minister as saying.
Tusk added that working teams set up by the Finance Ministry and NBP would soon start work to prepare Poland for ERM2 mechanism.
According to local analysts Poland's joining the euro zone in 2011 is feasible but difficult.
Meanwhile, the European Commission has welcomed the declaration by Poland's government, NBP and RPP on its cooperation aimed at meeting by Poland convergence criteria in 2011.
"We welcome this declaration as setting the date is a positive sign for the financial markets, market players and society," PAP quoted Amelia Torres, EC spokesperson for economic and monetary affairs, as saying in Brussels.
Tusk announced last week that the Polish government will pursue the country's euro-zone entry in 2011.
Poland joined the European Union in 2004 along with nine other nations. Of those countries, Slovenia began using the euro last year and Cyprus and Malta adopted the common currency this year. Slovakia will join the euro zone next year.
Source:Xinhua
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