poland knocks eurozone over aid plans
Last Updated : GMT 09:07:40
Egypt Today, egypt today
Egypt Today, egypt today
Last Updated : GMT 09:07:40
Egypt Today, egypt today

Poland knocks eurozone over aid plans

Egypt Today, egypt today

Egypt Today, egypt today Poland knocks eurozone over aid plans

Warsaw - AFP

Poland Saturday attacked as inadequate the eurozone's aid plans for cash-strapped economies, one day after taking over the helm of the European Union for the next six months. Speaking as eurozone finance ministers prepared to release urgent aid to save Greece from imminent bankruptcy, Polish Finance Minister Jacek Rostowski said it was fortunate that the International Monetary Fund was also involved in the rescue plans. "The IMF has been more proactive, programmes have been put forward at an earlier stage," he said, adding, "Thank God the IMF came." An aid programme "should be seen definitely as a step towards recovery," he said, but with the European programmes "this has not been fully achieved at this stage." The mechanisms created for Greece, Ireland and Portugal needed "quite a bit of improvement," Rostowski said, criticising the focus on reducing debt rather than promoting growth. "The better the programmes are devised the less there is a risk of contagion, that's why we say there is still a lot to do about how these programmes are designed." Rostowski also criticised the reluctance of the richer countries of northern Europe to help their neighbours to the south in financial difficulty. There is "growing estrangement between the north and the south and we have to be very careful that it does not grow and get amplified, that it remains under political control, between countries helped and countries that are contributing to support, he said." Poland on Friday gained the right as current EU president but a non-eurozone country to take part in meetings of the 17-nation currency bloc that focus on solving the debt crisis. "At the last Eurogroup meeting, the IMF was there, the Hungarian presidency was not, it's really strange," Rostowski said Saturday. Poland is a eurozone candidate but has made its entry conditional on heightened discipline within it. Poland has said it will meet Maastricht Treaty criteria for joining by 2015, but has refused to peg a date for abandoning the zloty. "Today there are fewer member states in the eurozone who respected the Maastricht Treaty provisions than those who violated them," Polish Prime Minister Donald Tusk said Friday.

egypttoday
egypttoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

poland knocks eurozone over aid plans poland knocks eurozone over aid plans



GMT 14:11 2017 Monday ,24 April

BMW reveals i8 Protonic special edition

GMT 12:30 2018 Friday ,14 December

Noriaki Kasai: 30 years of World Cup ski-jumping

GMT 12:55 2012 Tuesday ,20 March

Nominees for the Royal TV society programme

GMT 06:23 2012 Sunday ,18 March

Gol TV wants to offer cheap football

GMT 10:08 2012 Sunday ,08 July

I want to be a role model

GMT 11:23 2012 Thursday ,29 March

BalletBoyz the Talent mixed programme of 3 works

GMT 19:59 2011 Sunday ,16 October

Newlyweds Mike and Zara use package deal honeymoon

GMT 17:14 2014 Tuesday ,06 May

Colorful chic outdoor furniture

GMT 05:01 2012 Sunday ,15 April

Sky Germany takes TV everywhere with KIT digital

GMT 11:28 2018 Wednesday ,03 January

Saudi minister 'resumes work' after graft detention
 
 Egypt Today Facebook,egypt today facebook  Egypt Today Twitter,egypt today twitter Egypt Today Rss,egypt today rss  Egypt Today Youtube,egypt today youtube  Egypt Today Youtube,egypt today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

egypttoday egypttoday egypttoday egypttoday
egypttoday egypttoday egypttoday
egypttoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
egypttoday, Egypttoday, Egypttoday