Local view for "http://purl.org/linkedpolitics/eu/plenary/2007-06-19-Speech-2-352"
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"en.20070619.44.2-352"2
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"Mr President, I would insist that it does not fall to the Commission to reply to that question. I believe that it is a question that should be addressed, and that I sometimes address, to the Polish authorities. When I meet with the Polish authorities, I ask them: have your intentions, timetable and objectives for joining the euro been established yet? And I do not ask out of mere curiosity, but because I am convinced that, for an economy such as the Polish economy – and for many other economies of Member States of the European Union that do not yet belong to the single currency – it would be extremely useful to set that target date in order to guide macroeconomic policies and structural reforms in a consistent and coherent manner towards compliance with the conditions in order to prepare an economy to take the best possible advantage of the benefits of belonging to the euro.
Since the enlargement, we have experienced some very positive times in terms of the behaviour of the currency markets and of the financial markets, but that is not always going to be the case, and the financial markets, the rating agencies, the investors, are also going to put those questions to the Polish authorities. Not only are you, the Members of the European Parliament, and we, the Commissioners, going to ask them, but the economic agents, observers and investors are asking them and will continue to do so with increasing insistence.
I therefore believe that it is good for everybody that the countries that are going to join the euro, not just through obligation, but above all through conviction, and which are undergoing a process of convergence, growth and modernisation, through a very significant reform effort, clarify this element of the strategy; above all, because it is good for them and for their own interests."@en1
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