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Poland is not going to introduce the euro

Poland is not going to introduce the euro
The new Polish government has no plans to adopt the euro in the foreseeable future, citing current turbulent economic conditions as an argument. The Polish finance minister, at a meeting with his colleagues from France and Germany in Berlin, said that accession to the euro is not a priority for a country that does not want to "let go" of the exchange rate as a buffer during a period of economic instability.

It is also difficult to decide on this, since the euro is not able to fully control its problems. This decision pushes the EU and Poland against each other. The EU even threatens Poland with sanctions. But even if these threats are not very serious, the EU strategy led to the downgrading of Poland by the US rating agency S&P.

S & P downgraded Poland's credit rating by one notch to 'BBB +'. “It came as a big surprise that the rating agency downgraded its rating is not normal,” Commerzbank analysts wrote in the comments. “This move reflects the extreme uncertainty in the markets, which has been caused by the recent political changes in Poland. And there is no trace of incentives to end the uncertainty. "

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