Locked content Almost half of Poles against switching to euro

As many as 46 percent of Poles believe that switching to euro from Polish złoty would be “something bad”, according to a poll conducted by Kantar Public. In December 2017 such opinion was expressed by 47 percent. For 48 percent of respondents switching to euro would have a negative impac...

NBP no longer has Euro Integration Office

The National Bank of Poland has closed its Euro Integration Office and has renamed its Convergence and Competitiveness Office into the Competitiveness Office, according to the website of NBP’s Economic Institute. The task of “preparing periodic reports on the status of real, nominal and structural c...

Locked content Poles do not want euro – poll

Poles are not keen on adopting the euro currency in Poland, a new poll by TNS Polska revealed. As much as 55 percent of Polish citizens said the adoption of euro  in their country will have rather bad effects, versus 12 percent of those with the opposite opinion. Also, 23 percent of Poles believe th...

Fitch: Poland would benefit least from euro adoption

Fitch Ratings says in a new report that euro adoption in non-euro central and eastern Europe (CEE) countries would be neutral to positive on sovereign creditworthiness, with foreign currency ratings likely to be upgraded by up to one notch, or two in exceptional cases.

Highest ever number of Poles against adopting euro

As much as 70 percent of Poles expressed their objection against adoption of the euro, according to a survey conducted by CBOS. While 70 percent of respondents do not want the euro in Poland, 25 percent of them are for the adoption.

FinMin: Poland not ready to adopt Euro

Mateusz Szczurek, Poland’s Finance Minister, assumes that Poland is still not ready to adopt Euro. “The balance of costs and benefits is different for a small country like Lithuania, which has a pegged exchange rate for more than a decade, than it is for Poland, a country with a large domestic marke...

Locked content Poland’s neighbor preparing for the Euro

Lithuanians will begin using the euro on January 1. The eurozone will welcome its 19th member and last baltic country to join the common european currency. The Lithuanian litas/euro fixed rate has been set by the EU Council at 3.45 litas per euro. A transition period will allow the exchange of old b...

Locked content NBP: Reforms should precede euro zone entry

Poland should decide on joining the euro zone only after it has carried out well though-over reforms, according to a report published on Thursday by the National Bank of Poland. These reforms should lead to improving the foundations of Poland’s economy and adjusting it to structural characteristics ...