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    Poland’s Entry into Eurozone: A Matter of Economic Parity, Says Central Bank Governor

    Adam Glapinński, the governor of Poland’s central bank, has emphasized that discussions about Poland joining the eurozone should only take place once the country achieves economic parity with the wealthiest European nations.

    Speaking at a conference, Glapiński stated, “From a purely economic point of view, a discussion on this topic will be appropriate when Poland reaches the GDP per capita of, for example, the most developed European countries, like Germany, France, or other top-ranking nations.”

    Glapinński cautioned against a hasty entry into the eurozone, pointing out that such a move would lead to Poland relinquishing control over its monetary policy, which is currently tailored to the domestic economy. He also highlighted the potential constraints on the country’s ability to implement customized fiscal policies. The governor’s remarks underscore the need for Poland to carefully consider the implications before making any decisions regarding its participation in the eurozone.”

    Source:

    Our Advent Calendar 2024. Day 6: The History of Santa Claus 

    Does everyone know the true story of Santa Claus? Nowadays, he is associated - by children and adults alike - with a red, warm outfit, the same colour hat with a white pompom and a sleigh pulled by magical reindeer. Meanwhile, Santa Claus known from history has little in common with the image of a corpulent old man in red clothes.