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World

Poland cools on joining euro zone after its economy surges, FT reports

  • Member states of the European Union are obliged to join the single currency area when certain criteria are met
Published Updated
Photo: Reuters
Photo: Reuters
By

Poland is in no hurry to join the euro zone, Finance Minister Andrzej Domanski told the Financial Times in an interview published on Sunday. Domanski said that the case for adopting the euro had weakened as Poland has outpaced most economies in the bloc.

Member states of the European Union are obliged to join the single currency area when certain criteria are met. “Our economy is now doing clearly better than most of those that have the euro,” Domanski said.

EU ministers to discuss joint borrowing for defence, use of existing funds

“We have more and more data, research and arguments to keep the Polish zloty.”

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