Poland and the Euro Area
Professor Marek Belka, Governor, National Bank of Poland; Former Prime Minister (2004-05) and Finance Minister (1997; 2001-02), Poland
Poland’s long term aim is to join the euro area. Governor Belka will explore the short and medium term costs associated with achieving this goal. The main concern is that the Polish economy will lose its floating exchange rate, a natural shock absorber which has proved very useful in economies that are playing catch-up. The speaker will argue that, as the short to medium term costs are likely to decrease in the long run, the timing of Poland joining the euro is crucial to its success.
This event is strictly by invitation only.
To enable as open a debate as possible, this event will be held under the Chatham House Rule.