Leszek Balcerowicz, the famous Polish economist, former chairman of the National Bank of Poland and Deputy Prime Minister in Tadeusz Mazowiecki’s government gave a lecture on “The Ways out of the Eurozone Crisis and the Interests of Non-Euro EU Member States” at IIRPS on October 22th. During his 50-minute presentation he pointed out both reasons that lead to the current situation and possible ways out of the crises. Balcerowicz especially focused on the so called PIIGS-states, Portugal, Italy, Ireland, Greek and Spain, and emphasized that the crises are problems that cannot be solved by anyone but the countries themselves.
A recording of Balcerowicz’s lecture can be found on the Institute’s youtube channel: click here