With the European Union excessive deficit procedure for Poland coming to an end, RSM Poland managing partner Bartosz Milaszewski looks at the next step for the Polish economy.
By the end of 2015, Poland should have exited the EU's excessive deficit programme after dragging its deficit back into line. Its GDP growth is still stellar in European terms, and its external debt is slowly inching down. So far, so good for a mature European economy. Yet the question of when it completely throws its economic hat into the EU arena by adopting the shared currency continues to linger. The public are unconvinced, and politicians bicker about the benefits and drawbacks. Is the holdup justified?