Poland is not yet ready to switch from the zloty to the euro.
March 30, 2023Tweet
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Poland's central bank governor, Adam Glapinski, has urged the government to not allow the abandonment of the national currency, the zloty, in favor of the euro. Glapinski has been a vocal opponent of joining the Eurozone, claiming it would be "extremely harmful" and that keeping the national currency is crucial for the country's independence and sovereignty. He also pointed to the role of cash in economic transactions as a stabilizer of the economy, especially in times of crisis. Glapinski has been a vocal opponent of joining the Eurozone, claiming it would be "extremely harmful" and that keeping the national currency is crucial for the country's independence and sovereignty.