After 20 years in the European Union, Poland has not yet been ready for the transition to the euro. This was confirmed by the Minister of Finance of Poland Andrzej Domansky. He explained that accession to the euro area is not justified because the zloty has helped the country avoid recession during the global financial crisis and other economic difficulties.
The Minister noted that in such unstable economic conditions, the zloty loses value, which contributes to the increase in exports of Poland. This allowed the country to avoid recessions during the global financial crisis. Domansky emphasized the important role of the zloty in the Polish economy and noted that there are currently no discussions on the acceptance of the euro.
In spite of the terms of EU membership, which provided for the replacement of the zloty with the euro, Poland failed to fulfill the promise. The latter polls show that most Poles do not want to join the euro area and remain supporters of the zloty.
It is known that on Wednesday Poland and nine other countries will celebrate the 20th anniversary of EU accession on May 1, 2004. Under the terms of membership, Poland undertook to replace the zloty with a single European currency. However, in the future, she did not actually fulfill such a promise.
