Some analysts argue EU membership will depress the value of the the złoty

This is usually directly linked to how the accessing country used the opportunity it was given. It seems that Poland is unlikely to follow any scenario observed during previous enlargements of the EU. However, the Polish situation has some similarity to the one observed previously in Spain and Portugal, but their currencies began to appreciate a year before the accession. Due to this, the most likely scenario envisages the further depreciation of the złoty, until the plan of how to limit public expenditures has been finally settled. Bearing such objectives in mind, the future quotations of złoty will show how investors perceive the effects of Poland's accession to the EU. (Parkiet, pp. 4, 5) M.M.