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Poland should be ready for euro adoption by 2012: prime minister

20 March 2008, 21:23 CET

(WARSAW) - Poland's Prime Minister Donald Tusk said Thursday his country should be ready to adopt the euro in 2012.

"By 2012 we want our economy and our public finances to be in a state that will allow us to enter the eurozone," Tusk said in the Slovenian capital Ljubljana, quoted by Poland's PAP news agency.

"But whether this decision will be made in 2012 is a different matter," Tusk said.

"This is the distant future. In 2012 we will have had parliamentary and presidential elections, so I can't guarantee anything for 2012. But I can say that by 2012 Poland should be ready to enter the eurozone."

The largest of the 2004 EU newcomers, Poland agreed to meet macroeconomic criteria for euro adoption as part of its accession agreement.

Tusk was on a one-day visit in the Slovenian capital Ljubljana Thursday. Slovenia currently holds the European Union's rotating presidency and was the first 2004 EU newcomer to adopt the euro on January 1, 2007.

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