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2010-04-06 00:00:00
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As many as 85 percent of businessmen want the Polish government to adopt the euro as soon as possible, reports Puls Biznesu.
According to a survey by advisory firm Grant Thornton International, six out of every seven heads of large and medium-sized companies wish to trade in euros rather than in zĹotys.
The daily reports that jumps in the exchange rates are causing unexpected changes in contract profitability and foreign currency loans.
Admittedly, the euro suffered a series of violent swings during the financial crisis, plunging to below zĹ.3.3 in the fall 2008 and whirling several more times before reaching the recent peak of zĹ.4.89 in February.
If a weaker euro is generally good for European exporters, sudden currency moves are difficult to handle for companies who set up their business plans several months ahead.
Deputy Finance Minister Ludwik Kotecki announced last week that the government will unveil the national euro adoption plan in 2011. According to him, it is possible that Poland will introduce the common currency by 2015. |
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