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Polish political leader rejects converting to euro currency

The leader of Poland's ruling party has spoken against the conversion to the European Union's currency, the euro

Reported by: AP [ Published on: December 08, 2018 1:45 IST ]
Image Source : AP Polish political leader rejects converting to euro currency

WARSAW, Poland (AP) — The leader of Poland's ruling party has spoken out against having Poland convert to using the European Union's shared currency, the euro.

Jaroslaw Kaczynski suggested that as the Poles aspire to western European living standards, sticking with the local zloty currency would protect them during international financial crises. At the same time, this strong critic of the EU said that Poland's strong position in the 28-member bloc will help improve Polish living standards.

Kaczynski spoke at the party's parliamentary policy meeting Friday.

An EU member since 2004, Poland has been ambivalent about converting to the euro, saying it first needs to meet all the necessary criteria. Nineteen European nations currently use the euro.

Disclaimer: This is unedited, unformatted feed from the Associated Press (AP) wire.

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