Economy Minister Jerzy Hausner said that next year's budget deficit will be zl. 3 billion lower than expected. He added that the country will be ready to meet the Maastricht criteria in 2008-2009.
In order to adopt the Euro, aspiring countries are obliged to lower their rate of inflation, reduce their budget deficit, as well as adjust their economy to the standards followed in the Euro zone. According to the Economy Minister, strengthening of the zloty would be advantageous since it will improve the state of public finances.
Source: Warsaw Business Journal
