I share the opinion of those who are skeptical about the rapid introduction of the euro, said Razem MP Adrian Zandberg.
On Tuesday, an article appeared on the front page of “Rzeczpospolita” entitled: “Loss of profits due to the euro”. The newspaper states that the Polish government should follow a course towards the introduction of the European currency. “The benefits outweigh the costs,” say economists, according to “Rz.”
Zandberg: Economists disagree
The Razem politician does not hide that rapid entry into the eurozone is not only impossible, but could also be harmful to the Polish economy.
– I don’t think it is true that economists agree that every year without the euro means losses in Poland. I think in Poland there are different economists and different beliefs – he said in Polsat News’ Graffiti.
The MP added that he shares the views of those who are skeptical about the rapid adoption of the euro. “I don’t think this is something we should bet on over the next two years,” he said.
– Many convergence factors need to take place before the euro conversation makes sense. Poland does not currently meet the accession criteria. We are in favor of first significantly increasing the EU’s joint public investments and ensuring the convergence of social rights and wages. Then it makes sense to talk about the common currency, he continued.
Should Poland adopt the euro? Glapiński against
The President of the National Bank of Poland, Adam Glapiński, said at the beginning of October that the discussion about Poland’s entry into the eurozone can only begin when our country reaches the level of prosperity of Germany and France. – However, now it is a shortcut (…) and an attempt to avoid the problem of the Prime Minister and the President of the NBP having to submit such a proposal at the same time – he emphasized.
As Glapiński explained, one of the reasons that Poland’s entry into the eurozone would currently be unfavorable is “the inability to conduct a monetary policy tailored to the needs of the domestic economy and the limitations in conducting its own budgetary policy.”
Source: Do Rzeczy
Roy Brown is a renowned economist and author at The Nation View. He has a deep understanding of the global economy and its intricacies. He writes about a wide range of economic topics, including monetary policy, fiscal policy, international trade, and labor markets.
