‘Most Poles against adopting euro’

Euro notes are pictured in this file photo by Picture: Lee Jae Won / Reuters.

Euro notes are pictured in this file photo by Picture: Lee Jae Won / Reuters.

Published Nov 6, 2014

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Warsaw - Nearly 70 percent of Poles are against Poland dropping its currency, the zloty, and adopting the euro, a survey conducted by Polish polling company CBOS showed on Thursday.

Only 24 percent were in favour of joining the euro, while 68 percent were against, CBOS said.

“Since February 2013 the percentage of supporters of Poland's accession to the euro zone has fallen by 5 (percentage) points and is currently at one of the lowest levels in the history of our surveys,” the polling firm said in a statement.

Poland is preparing to join the euro zone but has not yet decided when it would adopt the euro.

Foreign Minister Grzegorz Schetyna told parliament on Thursday that setting a date for Poland to adopt the euro was “premature”.

The CBOS survey showed that 64 percent of Poles expected an increase in prices should Poland join the euro zone, with 42 percent expecting unfavourable euro-zloty exchange rates.

In addition, 27 percent were worried about the country losing control over its monetary policy.

The survey was conducted in October on a representative sample of 919 Poles.

A Reuters poll of analysts in late October showed Poland would not adopt the euro this decade, and public opposition and a constitutional hurdle mean it may continue to use the zloty currency well into the 2020s. - Reuters

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