Poland won’t adopt the euro before its economic wealth reaches the level of Germany, ruling party Chairman Jaroslaw Kaczynski said Saturday, accusing the opposition of a push to abandon the zloty.
Kaczynski was speaking at a PiS convention in Lublin, eastern Poland, ahead of the European Union election in May, which is seen as a test for the party and its major opponents ahead of a general election in Poland later this year.
“We say ‘no’ to the euro, ‘no’ to European prices,” Kaczynski said. “We will adopt the euro someday, because we are committed to do so and we are and will be in the European Union, but we will accept it when it is in our interest.”
“It will be in our interest when we reach a level very close to Germany (in) GDP level, standard of living.”
Poland is obliged under its EU accession commitments to join the euro zone at some point.
Via Reuters / Bloomberg