What about the euro in Poland?  Deputy head of the Polish Bank Association: Poland must accept them if it wants to remain important in the EU

What about the euro in Poland? Deputy head of the Polish Bank Association: Poland must accept them if it wants to remain important in the EU

– If we want to remain relevant in the EU, we must adopt the euro. This is our obligation, she said in an interview with the wnp.pl portal. Agnieszka Wachnicka, vice-president of the Polish Bank Association. She emphasized, however, that adopting the euro would not be a matter of three years.

– At some stage, adopting the euro will be a necessity. In the European Union, the de facto economically important countries are the euro zone countries, those from outside are sometimes marginalized – said Agnieszka Wachnicka in an interview with the website. – If we want to remain relevant in the EU, and I think we do, we must adopt the euro. This is our obligation, she added.

When is the euro in Poland? Vice-President of the Polish Bank Association: For now, this is a distant future

The Vice-President of the Polish Bank Association also emphasized that adopting the euro in Poland is not a prospect for the next few years. – Even when we meet the convergence criteria (which we are currently far from achieving), adopting the euro is not a matter of three years, but rather of a decade – she said.

Agnieszka Wachnicka also believes that the introduction of the euro in Poland should be preceded by a thorough debate and an extensive educational and information campaign. – Today, society is not fully aware of the consequences of joining the euro zone. Currently, I have the impression that we are dealing with a large dose of populism on this issue and we are focusing more on highlighting the threats than the positives resulting from the potential currency change. And it is worth and should be balanced – emphasized the vice-president of the Polish Bank Association.

As you can see, this works in other countries in the region. Here we have Slovakia, Croatia, and soon Bulgaria is entering the zone, and this is a relatively uninnovative and developed economy compared to Poland. If the Bulgarians succeed in this, it must be possible for us. However, it all depends on the stage of the business cycle in which a given economy is. But for now it is a melody of the distant future

– noted Agnieszka Wachnicka.

NBP President Adam Glapiński about the euro: Please see what is happening in Slovakia

The President of the National Bank of Poland, Adam Glapiñski, has often referred to the issue of introducing the euro in Poland. – Discussing the introduction of the euro will only make sense when we are at a higher level of development. Comparable to that of the dominant euro countries in Europe. Please see what is happening in Slovakia. With our Slovak brothers, with whom we are in spirit and body – . During the press conference, he compared data on the cumulative growth of Poland’s real GDP from the first quarter of 2004 to the third quarter of 2023 and compared them with data from other countries and the euro zone.

Donald Tusk’s government has announced many times that the president of the NBP will be brought before the State Tribunal. . Glapiński himself said that the central bank is “under attack” and the goal is “to force Poland into the euro zone.”

Source: Gazeta

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