5:35 26 June 2026
Poland fails EU euro test
A new European Commission convergence report published this week confirms that Poland still does not meet four of the five Maastricht criteria required to adopt the euro. The two most glaring failures are an elevated public finance deficit and long-term interest rates averaging 5.4 percent against the permitted threshold of 5.1 percent. Inflation over the 12 months to May 2026 came in at 2.9 percent, marginally above the 2.7 percent reference value.
Poland is also absent from the ERM II exchange rate mechanism, a mandatory prerequisite that none of the five assessed non-eurozone states — Poland, Czech Republic, Hungary, Romania, and Sweden — currently participates in. Czech Republic and Sweden performed best, each meeting three criteria. The report reinforces that any Polish euro adoption remains a distant political and fiscal prospect.
Source: money.pl
