Pol­ish po­lit­i­cal leader re­jects con­vert­ing to euro

The Niagara Falls Review - - Business -

WAR­SAW, POLAND — The leader of Poland’s rul­ing party has spo­ken out against hav­ing Poland con­vert to us­ing the Euro­pean Union’s shared cur­rency, the euro. Jaroslaw Kaczyn­ski sug­gested that as the Poles as­pire to west­ern Euro­pean liv­ing stan­dards, stick­ing with the lo­cal zloty cur­rency would pro­tect them dur­ing in­ter­na­tional fi­nan­cial crises. At the same time, this strong critic of the EU said that Poland’s strong po­si­tion in the 28-mem­ber bloc will help im­prove Pol­ish liv­ing stan­dards. Kaczyn­ski spoke at the party’s par­lia­men­tary pol­icy meet­ing Fri­day. An EU mem­ber since 2004, Poland has been am­biva­lent about con­vert­ing to the euro, say­ing it first needs to meet all the nec­es­sary cri­te­ria. Nine­teen Euro­pean nations cur­rently use the euro.

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