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Złoty loses its glitter

According to a survey conducted by Pentor for Polish Radio (IAR), more than 60 percent of Poles are in favor of introducing the euro in the country, up nearly 10 percent from last year.

At the same time, not all EU members are such advocates of the common currency. The latest referendum conducted in Sweden revealed that as much as 56.1 percent of the country is against the euro, and just 41.8 percent in favor. Denmark and Great Britain have already decided to keep out of the eurozone.

The first two countries took an 'opt-out' position, i.e. they are excluded from the Maastricht Treaty on economic and currency union.

When it comes to Great Britain, it is doubtful whether a referendum on entering the eurozone will take place by 2006.

According to Romano Prodi, former President of the European Commission, Sweden, Great Britain, and Denmark risk losing their position in the EU by staying outside the eurozone.

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