“Siamo nella fascia più alta adesso”: la Polonia non vede la necessità di abbandonare lo złoty per l’euro mentre l’economia è in forte espansione
https://tvpworld.com/91235545/polands-economic-rise-weakens-case-for-adopting-euro-domanski
di Easy-Ad1996
22 commenti
built on 260 billion of euro funding and they STILL want 23% vat on energy bills, 9% zus and 32% pit, with vat bills too, NFZ is fucked, the złoty is worthless outside the border but yeah, its going great
Valve knew that for years! Steam prices for Poland are now higher than EUR not to mention USD. Polish Mountain!!! /s
yeah economy booms because they are feeding on EU money, what a shocker
Apples and oranges.
I swear I see this type of articles about Poland in this sub 10 times the frequency I see them about any other country.
Are the Poles so desperate to constantly shout to the world “look how great we’re doing, we deserve to sit with the big boys”?
We declare to adopt euro in 2875.
Some EU countries need a friendly reminder that upon accession they agreed to (and are legally required to) join the Euro.
This isn’t optional, and yet countries like Poland and Sweden pretend it is and show no signs of moving towards Euro adoption.
Tbf. going for euro now would result in long term inflation pressure as Poland got one of the most lopsided PPP in all of the world. Polish GDP pc in 2024 was 18K USD, while PPP was 45K. That means that price disparity accounted for 2.5 GDP. For comparision Germany got it at 44K and 63K respectievly, so at 1.4.
Until zloty apreciate to account for this getting euro would be a risk.
That being said: comparing with Slovakia Poland got 1.7 point higher yield on bonds. As their overall financial and economic performance is comparable (or rather: Polish is better) we can assume that it’s due to percieved currency risk.
Which means that aside of other potential gains, e.g. in trade, not having euro cost Poland over 30B PLN annualy just on interest payments.
That does mean they graduate from being one of the biggest takers of EU money to actually contributing more than they take, right? I mean if their economy is booming so much, also thanks to the EU basically funding/ supporting everything, then it’s time for them to contribute to the next country’s rise to the top.
Balkanization of everything
Fr…Poland set up to be a juggernaut in Europe. Just shows what a hard-working force abroad sending money home and EU cash injections can do to a country.
Let’s see if Poland in the future turns into a place that likes to remove the ladder for others once it climbed up itself. The Poland today won’t do that, but power and status change every country.
get paid in euro and spend them in zloty
economic genius at work /s
Until it isnt anymore… because they are dumb not to adopt it during good times to profit from a better exchange rate
TIL that Poland doesn’t have the Euro!?? wtf?
always thought they had. no idea why.
Why would that be a reason against the Euro though? A strong economy is a good basis for Euro adoption. Weak economies might struggle when adopting the Euro because they can’t devalue their currency to boost exports. So naturally Poland should strive to adopt the Euro ASAP if their economy is that strong 🙂
I like to think that being in the ‘top tier’ includes joining the biggest currency union in the world, which also represents the pinnacle of a successful history of European integration.
Of course, retaining the złoty may still be economically prudent for now to keep exports cheap and so on, but later on? I think adopting the euro would be the best long-term move.
No rush, but eventual commitment would be great.
Great since Poland is doing so well, they no longer need the support money from EU.
No idea why a currency is such a big deal to people. So your money has a different name now, big deal, who cares?! You want me to pay with loonies? Sure, whatever.
Even if we would like to and need to join. We simply cannot because we are not fulfilling strict criteria.
So when are they reimbursing the EU for the billions they’ve leeched off us in the last 3 decades?
Seeing this as Im preparing to go to Poland and exchange euros into zloty
Nah, they should fully integrate and boost the euro as its just much easier than balancing local currencies! Their economy is fully integrated with the eu anyway