Poland sees no urgency to adopt the euro, citing economic strength

Poland’s government says there is no immediate case for joining the Eurozone, arguing that strong growth supports retaining the Polish zloty.

Finance Minister Andrzej Domański, told the Financial Times that Poland’s economic performance has reduced the case for euro adoption despite EU obligations.

“Our economy is now doing clearly better than most of those that have the euro,” Domański said in an interview. “We have more and more data, research and arguments to keep the Polish zloty.”

Prime Minister Donald Tusk, has reversed his earlier support for euro entry, citing post-crisis realities and public opposition.

“Public opinion favours the zloty, but the main reasons we’re not working on euro adoption right now are economic and not about Polish politics,” Domański said. “Two years ago I was a bit worried that Poland could be left behind in a two-tier EU and outside the Eurozone, but today Poland is clearly in the top economic tier, and I see no strong reason to abandon our own currency.”

Key developments

• Poland became a $1tn economy in 2025, ranking 20th globally (IMF).

• The OECD forecasts 3.4% growth in 2026, the fastest among EU peers.

• The European Commission projects a 6.3% budget deficit in 2026, still above the 3% Maastricht threshold.

• Warsaw is prioritising global influence, including G20 engagement, over near-term euro entry.

Relations between the Government and The National Bank of Poland, led by Adam Glapiński, have stabilised.

Tensions persist with President Karol Nawrocki, whose vetoes and budget challenge have raised concerns among credit rating agencies.

ℹ️ Financial Times