Factors Determining Public Opinion in Poland on the Adoption of the Euro
DOI:
https://doi.org/10.18778/2082-4440.49.03Keywords:
euro, logit model, Poles' attitude towards the euroAbstract
The aim of the paper is to analyze the attitudes of Poles towards the euro’s adoption in Poland and to identify factors that determine their opinions on this issue. For the analysis, the logit models of a dichotomous variable were constructed separately for each year, based on data from the Flash Eurobarometer surveys. The study covers the period 2020–2022, which is marked by a significant instability due to the COVID-19 pandemic and the outbreak of the full-scale war in Ukraine. During the analyzed period, not only did support for the euro increase, but also knowledge about this currency improved as well as the benefits awareness of using the euro raised. The study demonstrates that two factors had the strongest impact on the Poles’ reluctance to the euro in this period: (1) respondents’ perception that the introduction of the common currency would lead mainly to negative consequences and (2) respondents’ various concerns, for example, about the possibility of price increase, a loss of Poland’s identity and control over economic policy, or difficulties in adapting to the use of the euro. Other factors determining Poles’ attitudes towards the euro include: age, gender, level of education, size of a residence place, and labor market position.
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