Poland Delays 2012 Euro Adoption Target.

From Bloomberg.

Poland is the only one of the EU’s 10 eastern members to have avoided a recession but has been hurt by shrinking revenue that is swelling its deficit.

"President Lech Kaczynski, who threatened to hold a referendum to block the government’s planned euro adoption timetable, said on July 30 that 2015 is an “optimistic but realistic” date for Poland, while Fitch ratings forecasts the country, the largest of the EU’s eastern members, will make the switch in 2013."