Poland and Bulgaria Shelve Plans to Join Eurozone

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“In an interview with WSJ, Bulgaria’s prime minister said he had decided to shelve the plans as the European economy continued to deteriorate – circumstances which had dampened any public support.  ‘The momentum has shifted in our thinking and among the public,’ Boyko Borisov said. ‘Right now, I don’t see any benefits of entering the euro zone, only costs.’  Poland’s foreign minister meanwhile said that while his country had passed a referendum on euro membership, it wouldn’t rush into seeking membership until the currency’s broader problems had been sorted out.”

http://www.economicpolicyjournal.com/2012/09/poland-and-bulgaria-shelve-plans-to.html

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