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WARSAW, March 17 (Reuters) - The Polish zloty needs to be stable for around 2 to 3 months in order to enter the pre-euro ERM-2 exchange rate mechanism, a deputy finance minister was quoted as saying on Tuesday.
Ludwik Kotecki, the government's point man for euro zone entry, also told daily Dziennik that Poland may not meet the fiscal criterion for euro entry this year as the global crisis affected the Polish market.
When asked how long the Polish currency should be calm to enter the ERM-2, Kotecki told daily Dziennik: "It depends on the current macroeconomic conditions, but I think it should be around 2-3 months."
He also said the budget may be revised, but the deficit may grow by only 0.1-0.2 percent of gross domestic product (GDP).
In February, the deputy minister said Poland may enter the grid in May or early June and expected to start official talks in March.
Many analysts have expressed scepticism that Poland's euro entry plan was achievable as the current global financial turmoil undermines economic stability in the European Union's largest ex-communist member. (Writing by Dagmara Leszkowicz; Editing by Neil Fullick)