NBP's Balcerowicz says budget efforts not enough

Polish Central Bank Governor Leszek Balcerowicz said efforts to narrow the budget deficit next year won't be enough to help the country qualify for the euro by 2007.

"The 2005 budget plan doesn't take us far away from euro adoption but it's not enough to keep Poland from falling behind Lithuania or Slovenia,'' Balcerowicz said to reporters at the Eastern European Economic Forum in Krynica in southern Poland. "We still have a budget deficit that leads to growth of public debt."

"Poland still spe