It’s a quiet week for the euro following publication of economic forecasts earlier this week, which expect growth at a moderate pace. The highest rates are forecast in Eastern Europe, with a slower pace in the UK, France and especially Germany.
Attention is turning to the picking of a successor for Mario Draghi, with many expecting Benoit Coeure to be chosen as a strong ‘continuity candidate’ to Draghi’s cautious approach.
Adoption of the euro is a hot topic in the campaigning for the European election in Poland, with doubts over widespread support for it. The Law and Justice Party argues that joining would make Poles poorer by causing prices to rise. Currently, according to the Instytut Badania Spraw Publicznych, 58% prefer to keep the zloty.
