Ruling party leader against euro switch
The leader of Poland’s ruling party has spoken out against having Poland convert to using the European Union’s shared currency, the euro.
As the Poles aspire to western European living standards, sticking with the local zloty currency would protect them during international financial crises, Jaroslaw Kaczynski said Friday at the party’s parliamentary policy meeting. At the same time, the strong critic of the EU said Poland’s strong position in the 28- member bloc will help improve Polish living standards.
He 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.