Poland says to stick with zloty

26 Mar, 2017

Poland will keep its zloty currency, the country's prime minister said Tuesday ahead of a key EU summit which is to mull a "multi-speed EU" based on membership of the eurozone. "For Poland it is more beneficial to keep its own currency, the zloty," Beata Szydlo said during an online chat, adding Warsaw had "no plans" to join the EU's single-currency area.
At a summit this weekend in Rome EU leaders are to plot the bloc's post-Brexit future, with powerhouses Germany and France expected to back a multi-speed approach. Both have said members of the currency bloc could push ahead with integration without the other countries. Poland, which is central Europe's largest economy, is concerned that as one of nine of the EU's 28 members outside the eurozone it could be left behind.

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