FT learned about Poland's change of position on joining the eurozone amid economic growth

The Polish government believes that the country should not switch to the euro yet, since the rapid growth of the economy and the strengthening of public finances make it more profitable to maintain its own currency, the zloty, at this stage. This was reported on January 25 by the Financial Times (FT) newspaper.

"Our economy is now clearly better than that of most countries using the euro. We have data and arguments in favor of preserving the Polish zloty," Polish Finance Minister Andrzej Dombrowski told the newspaper.

According to him, Poland occupies the top positions among the EU economies: public finances have strengthened, the labor market is stable, and salaries are rising, which increases tax revenues. The budget deficit in 2026 is projected at 6.3% of GDP, public debt — 59.5% of GDP, while the European Commission (EC) requires no more than 3% of the deficit for membership in the eurozone.

Dombrowski noted that the final decision on joining the eurozone will be political and depends entirely on the Polish government. In addition, Poland is focused on strengthening its economy and international status, including participating in the G20 Forum in Miami as an observer.

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In 2024, the European Commission stated that none of the European Union countries that do not yet use the euro as a currency meets the criteria for joining the eurozone. At the same time, in order to start using the euro, each country must meet the criteria of low inflation and a stable exchange rate, as well as bring its Central Bank law in line with EU standards.

In the same year, United Surveys conducted a survey that showed that 66.8% of Poles surveyed did not want their country to switch to the euro and would prefer to continue using the zloty. Almost half of the respondents are "definitely against" Poland's entry into the eurozone. It is important that Warsaw does not meet the criteria that would give it such a right.: It has not achieved the required level of price stability, stability of public finances, stability of the exchange rate and long-term interest rates.

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