{"id":395627,"date":"2026-01-28T20:44:11","date_gmt":"2026-01-28T20:44:11","guid":{"rendered":"https:\/\/www.newsbeep.com\/uk\/395627\/"},"modified":"2026-01-28T20:44:11","modified_gmt":"2026-01-28T20:44:11","slug":"its-better-for-poland-to-stay-with-the-zloty-countrys-finance-minister-says","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/uk\/395627\/","title":{"rendered":"&#8216;It&#8217;s better for Poland to stay with the z\u0142oty,&#8217; country\u2019s finance minister says"},"content":{"rendered":"<p>\n                    Published on                 28\/01\/2026 &#8211; 16:41 GMT+1<br \/>\n                \u2022Updated<br \/>\n                                     17:12\n                                        <\/p>\n<p>Speaking to Euronews at the European Parliament, Domanski also stressed that the free trade agreement signed on Tuesday with India comes at a crucial moment for Europe, as global trade tensions rise and the EU looks to diversify its economic partnerships.<\/p>\n<p>Despite its strong economic performance, Poland remains cautious about joining the eurozone and Domanski argued that keeping the z\u0142oty provides economic flexibility in times of external shocks.<\/p>\n<p>\u201cOur own currency can act as a buffer during crises and help the economy recover,\u201d he said, while acknowledging there are also arguments in favour of euro membership.<\/p>\n<p>\u201cI believe that right now it&#8217;s better for Poland to stay with the z\u0142oty,\u201d he said.<\/p>\n<p>Why the EU-India deal matters for Poland<\/p>\n<p>EU leaders hailed the free trade agreement, dubbed the \u201cmother of all deals,\u201d with India as the most ambitious trade deal the bloc has ever negotiated, opening access to a market of 2 billion consumers.<\/p>\n<p>The European Commission says the pact with New Delhi will sharply reduce tariffs on EU products from cars to wine as the world looks for alternative markets following US President Donald Trump&#8217;s tariffs.<\/p>\n<p>For Poland, one of the EU\u2019s fastest-growing large economies, the agreement is seen as a gateway to new export opportunities.<\/p>\n<p>\u201cPolish companies are expanding rapidly and need new markets,\u201d Domanski said.<\/p>\n<p>\u201cIndia is a dynamic economy with enormous potential, and this deal creates space for stronger cooperation in sectors where access was previously limited.\u201d<\/p>\n<p>While Warsaw says the agreement still needs closer study, the government believes it could significantly boost Polish exports and investment ties with India.<\/p>\n<p>Turbulent global economy<\/p>\n<p>Domanski also framed the agreement in the context of broader geopolitical uncertainty, including strained EU-US relations and rising protectionism worldwide.<\/p>\n<p>\u201cLower tariffs are always better than higher tariffs,\u201d he said. \u201cThey are good for companies, consumers and the economy. Diversification is essential, and India is a natural partner with high growth potential.\u201d<\/p>\n<p>However, Poland continues to oppose the EU-Mercosur trade deal with South American countries, warning it could harm Polish farmers.<\/p>\n<p>Warsaw has been pushing for additional safeguards to protect the agricultural sector.<\/p>\n<p><a href=\"https:\/\/eur03.safelinks.protection.outlook.com\/?url=https%3A%2F%2Fwww.euronews.com%2Fmy-europe%2F2026%2F01%2F17%2Feu-seals-contentious-trade-deal-with-mercosur-countries&amp;data=05%7C02%7Canna.weglarczyk%40euronews.com%7C08a5b2f2404c412bac6f08de5e80d947%7Ce59fa28a32ed49aca5a09c46118cfecf%7C0%7C0%7C639052104658866574%7CUnknown%7CTWFpbGZsb3d8eyJFbXB0eU1hcGkiOnRydWUsIlYiOiIwLjAuMDAwMCIsIlAiOiJXaW4zMiIsIkFOIjoiTWFpbCIsIldUIjoyfQ%3D%3D%7C0%7C%7C%7C&amp;sdata=640rGEx4VT0h5CAZe8Y0DApyCaP2Ehim%2B5SBW7VUH6g%3D&amp;reserved=0\" target=\"_blank\" rel=\"noreferrer nofollow noopener\">The agreement was signed on 17 January<\/a>, and is set to create a free trade area of over 700 million people.<\/p>\n<p>But it is controversial across Europe and several countries like France and Hungary <a href=\"https:\/\/eur03.safelinks.protection.outlook.com\/?url=https%3A%2F%2Fwww.euronews.com%2Fmy-europe%2F2026%2F01%2F09%2Feu-member-states-back-mercosur-deal-french-meps-vow-fight-in-parliament&amp;data=05%7C02%7Canna.weglarczyk%40euronews.com%7C08a5b2f2404c412bac6f08de5e80d947%7Ce59fa28a32ed49aca5a09c46118cfecf%7C0%7C0%7C639052104658914474%7CUnknown%7CTWFpbGZsb3d8eyJFbXB0eU1hcGkiOnRydWUsIlYiOiIwLjAuMDAwMCIsIlAiOiJXaW4zMiIsIkFOIjoiTWFpbCIsIldUIjoyfQ%3D%3D%7C0%7C%7C%7C&amp;sdata=qIglCFXBOxr355J9zbN8HGeLcPHH1TVT9A8kTtfRrTQ%3D&amp;reserved=0\" target=\"_blank\" rel=\"noreferrer nofollow noopener\">have steadfastly opposed it<\/a>.<\/p>\n<p>Warsaw\u2019s bid for the European Customs Agency<\/p>\n<p>Poland is also positioning itself as a candidate to host the future European Customs Agency (EUCA), which is expected to play a key role in strengthening EU border controls and customs enforcement.<\/p>\n<p>\u201cPoland has delivered on customs reform, has experienced customs officials and excellent transport connections,\u201d he said, pointing to Warsaw\u2019s central location and proximity of Chopin Airport to the city centre.<\/p>\n<p>He also highlighted Poland\u2019s growing economic weight and argued that EU agencies should be more geographically balanced across member states.<\/p>\n<p>\u201cIn times of growing uncertainty, Europe needs one body with overall control of its customs borders,\u201d the minister said.<\/p>\n<p>\u201cThis is about competitiveness, security and protecting the single market.\u201d<\/p>\n<p>A final decision on the location of the EUCA is expected later this year. Nine EU capitals are competing to host it, with Lille, Rome and Hague among others.<\/p>\n","protected":false},"excerpt":{"rendered":"Published on 28\/01\/2026 &#8211; 16:41 GMT+1 \u2022Updated 17:12 Speaking to Euronews at the European Parliament, Domanski also stressed&hellip;\n","protected":false},"author":2,"featured_media":395628,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[84,1294,148526,935,13933,308,148525,999,56,54,55],"class_list":{"0":"post-395627","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-business","9":"tag-economy","10":"tag-eu-us-trade-deal","11":"tag-european-union","12":"tag-eurozone","13":"tag-india","14":"tag-mercosur","15":"tag-poland","16":"tag-uk","17":"tag-united-kingdom","18":"tag-unitedkingdom"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/395627","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=395627"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/395627\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/395628"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=395627"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=395627"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=395627"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}