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Kaczyński doubts the Euro currency will survive


Seanus 15 | 19,706
28 Mar 2010 #31
Well, I don't think so. They were flown out on the 14th of Sep
poland_
4 Aug 2011 #32
President Kaczyński has recently cast doubt on whether the euro would survive in the long run.

I think, the future will show that "President Kaczyński" was not the fool, many people made him out to be.
Crow 146 | 9,105
4 Aug 2011 #33
Kaczyński doubts the Euro currency will survive

i have great respect for Kaczyński family since the time when Lech defended Serbians in front of UN security council, opposing that way to the USA, Turkey, Britain, Saudi Arabia, France, Israel, Germany and to the Polish government with dictator Tusk as head of that government
Seanus 15 | 19,706
4 Aug 2011 #34
A bit of Euroscepticism certainly helps. I mean, who wants to be blind?
Crow 146 | 9,105
4 Aug 2011 #35
A bit of Euroscepticism certainly helps.

yes. i am for Great Poland. Bottom line if New Commonwealth. That`s minimum

I mean, who wants to be blind?

many
Seanus 15 | 19,706
4 Aug 2011 #36
But without Tusk at the helm, yes?

Throwing acid in their eyes would be a cheap method for that, Crow :)
Crow 146 | 9,105
4 Aug 2011 #37
Throwing acid in their eyes would be a cheap method for that, Crow :)

it could only make them ugly .)

But without Tusk at the helm, yes?

without that weakling, yes.
Seanus 15 | 19,706
4 Aug 2011 #38
No uglier than they already are.

Tadić is quite weak too, right? Both Europhobes in their own way.
Crow 146 | 9,105
4 Aug 2011 #39
Tadić is quite weak too, right?

Tadic, too.
Seanus 15 | 19,706
4 Aug 2011 #40
The Euro currency will get weaker rather than stronger. Serbia doesn't stand to gain that much by joining the EU. People like Madelaine Albright and George Soros would try and cripple Serbia if they joined the Euro club.
NomadatNet 1 | 457
4 Aug 2011 #41
President Kaczyński has recently cast doubt on whether the euro would survive in the long run.

Such doubts have been voiced by many. It doesn't show anything, whether a person saying positive or negative about Euro can be supporter of Euro or not. His words maybe were just a response, a message to someones at top levels in EU rather than the public.

Euro's main problem is it is money of a union, but, not everybody joined it. UK, Poland, etc etc. Especially, UK is important there cause you're an important member, but, you aren't joining Euro. So, if Euro resists, Sterling goes away or UK exists EU. Otherwise, Euro collapse and Europe return to old days.
delphiandomine 88 | 18,475
5 Aug 2011 #42
People like Madelaine Albright and George Soros would try and cripple Serbia if they joined the Euro club.

Serbia only stands to have a market of 450 million people to access, along with freedom of movement for her citizens throughout the entire zone.

Incidentally, have Albright and Soros attempted to cripple Bosnia and Montenegro?
hague1cmaeron 14 | 1,377
5 Aug 2011 #43
Many Poles fear the whole hyperbureaucratised EU will eventually collapse.

I would be inclined to say that it will not, however I do not see Poland joining the Euro zone until the currency stabilizes. That is why the previous date of 2012 by which time Poland was supposed to adopt the Euro is out of the window, it is more likely to 2013 at the earliest.

This is somewhat good news for me, cos it means i can visit Poland more frequently(:
gumishu 11 | 5,629
5 Aug 2011 #44
The EURO?

Tusk already wanted Euro back in 2008 - and he wanted it fast - why - because he wanted some nice PR bonus(yeah polls showed the majority of Poles wanted Euro - so many people can't be wrong or actually can they?) - if they rushed to have Euro back then (at the whim of mighty Tusk) we would be in shambles now - Tusk didn't listen to the economists who said we should have zloty as long as we can - still I think Tusk have learned a lesson with Euro (but haven't learned next good couple of lessons economy-wise)

That is why the previous date of 2012 by which time Poland was supposed to adopt the Euro is out of the window, it is more likely to 2013 at the earliest.

as far as I know there is no exact deadline till when euro should be adopted in Poland
delphiandomine 88 | 18,475
5 Aug 2011 #45
as far as I know there is no exact deadline till when euro should be adopted in Poland

Not yet, although the EU warned the "new" members that they won't be allowed to delay - Euro membership was a condition of EU membership.

we would be in shambles now

But would we, really?

Slovakia isn't doing badly despite the Euro, for instance.
gumishu 11 | 5,629
5 Aug 2011 #46
I don't know the situation now - but after Slovakia accepted Euro plenty of Slovakians started going shopping to Poland and Hungary - it paid off even for people who lived over 60 km from borders which - btw had Poland entered 'the corridor' to Euro like Latvia and Lithuania did we would have had stiff zloty euro exchange rate for two years - AFAIK the Latvians had to cut pensions and salaries because of that
delphiandomine 88 | 18,475
5 Aug 2011 #47
As far as I could tell (based on looking in Tesco in Slovakia in Žilina - prices are about the same as Poland. Some things are more expensive, other stuff was cheaper - but broadly, it was about the same price. But wasn't Slovakia's entry about the same time that the Zloty crashed in 2008 anyway?

As for the Latvians - sort of. They always had the option of changing the "peg" to the Euro (there's nothing stopping countries doing that - Slovakia revalued 2 or 3 times before joining the Euro proper) - but if they did, the Swedish banks that heavily invested into Latvia would've lost a hell of a lot of money - hence, they put massive, massive pressure on the Latvian Government not to do so. Most Lativans had mortgages in Euro, not in Lats - so as you can imagine, any change to the fixed rate in favour of Latvia would've really, really hurt the Swedish banks.

Denmark is also on the ERM2 system and hasn't had much problems - I'd actually say that for Poland in the long run, the best option is to join the ERM2 system and lock the Zloty in at a fixed rate, but don't join the actual Euro itself. Poland is then guaranteed stable exchange rates with the Euro (good) while staying out of the Euro (also good as long as the zone is unstable and proper controls aren't in place.)

I'm very, very pro Euro, but I think in the current form, it's unworkable. Does anyone genuinely believe that Greece will learn any lessons from this current crisis? I don't think so. Until Europe is able to integrate on a far more serious scale, the Euro simply can't work - things are just "too loose" for a single currency to work in such an environment. Therefore, Poland should stay out.
NomadatNet 1 | 457
5 Aug 2011 #48
Incidentally, have Albright and Soros attempted to cripple Bosnia and Montenegro?

What? You mean it was Soros and his army who killed 200-250,000 people there?
Seanus 15 | 19,706
5 Aug 2011 #49
They don't mind those countries, delph. They dislike Serbia. They can travel freely, ok, but I don't think they are too put out by not having that. They'd rather be true to themselves and not take from hands that have bitten them so nastily in the past. Now, I know that people should move on but Balkans folk tend not to be able to bury hatchets so well, esp given what happened there.


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