The fiscal challenges of Polish integration with the euro area

Abstract

In May 2004, Poland became a member of the Economic and Monetary Union on the rights of the State with a derogation. This means that Poland is obliged to meet the convergence criteria in terms of fiscal and monetary policies and the introduction of the euro.The aim of the articles is to show the need to take necessary action in the development of public revenue and expenditure for the implementation of the fiscal requirements of the European Union. The study used the following test method:- analysis of the literature on the subject,- analysis of normative acts,- analysis of statistical data.

Keywords

• euro area
• convergence criteria
• fiscal policy
• deficit
• public revenue
• public expenditure