Poland should keep the zloty and not rush toward adopting the euro. This stance was voiced by Adam Glapiński, the head of the Polish central bank. The message was relayed during a conference in Warsaw focused on financial sovereignty.
In a letter to participants at the Warsaw gathering, Glapiński stated that Poland is capable of sustaining years of stable economic growth with its own currency. He argued that retaining the zloty provides tangible benefits and enables the country to pursue a monetary policy that reflects domestic priorities rather than external constraints.
According to Glapiński, the zloty remains a key element of Poland s economic success. He emphasized that abandoning the currency would be inappropriate and unnecessary at this stage. The central bank leader underscored that the choice of currency should align with the country s long term economic goals and its sovereignty over monetary decisions.
Earlier statements from Polish officials have reiterated a cautious approach toward euro accession. They noted that while the country is bound by its EU accession framework to eventually adopt the euro, the timeline has never been specified in detail. In recent years, opposition voices within the ruling political coalition have also signaled concerns about moving away from the zloty before the economy is ready.
Proponents of sticking with the zloty argue that monetary sovereignty allows Poland to respond promptly to domestic economic developments, maintain price stability, and support growth without being tethered to a currency union that may not mirror national economic cycles. Critics of an early transition caution that currency integration can impose adjustment costs and reduce the flexibility governments rely on during shocks. The ongoing debate reflects a broader discussion about how best to balance European integration with national economic autonomy.
Analysts observing the Polish financial landscape note that the central bank s focus remains on safeguarding price stability, preserving financial stability, and ensuring reliable channels for credit and investment. In this context, the zloty is viewed not merely as a medium of exchange but as a tool through which Poland can align its economic policy with domestic priorities, inflation targets, and the rhythm of its own growth path. Supporters argue that this approach supports a stable macroeconomic environment and fosters confidence among households and businesses alike. [Cited from Narodowy Bank Polski]