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Survey: Nearly 70 Percent of Poles Oppose Adoption of Euro

  • Reuters

FILE - People walk past goods at the market in Suwalki, Poland.

FILE - People walk past goods at the market in Suwalki, Poland.

Nearly 70 percent of Poles are against Poland dropping its currency, the zloty, and adopting the euro, according to a survey out Thursday by Polish polling company CBOS.

Only 24 percent were in favor 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 expect an increase in prices if Poland joins the Euro Zone, with 42 percent expecting unfavorable euro-zloty exchange rates.

In addition, 27 percent are 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.