Eurozone is NOT strong enough: Poland issues brutal snub for EU finance chiefs

The put-down is the latest attack on the European Union from Poland, which has long been in conflict with Brussels.

Warsaw finance minister Mateusz Morawiecki said: “We are holding our fingers crossed for the euro zone to survive, to overcome its imminent problems.

“We would like the euro area to be strong and then in a few years will see how it copes with everything.”

The eurosceptic Law and Justice (PiS) party, which came to power two years ago, seem to be increasingly reluctant with regards to membership.

 

Mr Morawiecki was speaking at an economic forum said he was not opposed to the introduction of the euro currency in Poland but said now is far from the right time. 

He said: “Let’s wait five to 10 years.” 

The government has been known to enjoy the flexibility of a national exchange rate as it has helped the country out during difficult times.

Mr Morawiecki said at another economic forum earlier this year the eurozone has yet to prove whether it will be “part of the problem or part of the solution”.

Currently more than two thirds of Poles are against joining the euro area. 

This comes after Polish prime minister, Beata Szydio hit out at the EU’s plans for”multi-speed” European Union and said Brussels chiefs should instead focus on bringing “unity” to Brussels.