Why wasn't Poland eccepted into the European Union by 2001?

Answer 1

The European Union isn't the same as the EURO !!!

There is no legal requirement either for Poland to join the Euro in 2008, and it most probably will be in 2011, considering the finance minister stated in January that Poland would not be in a position to join the EURO before 2010, although 2011 is most feasible. The PLN 5k to EURO 1.5k for a local resident is the biggest bunch of tripe I've heard as prices should in theory be the same. Ultimately, in order to have a common currency, the economies of the countries need to be more or less in sync with one another, and that means inflation, interest rates etc.

To answer the original question:

Quite simply Poland could not join the European union as there were a number of barriers, political (in particular corruption, Poland ranks high in terms of corruption), economic (general state of the economy, level of agricultural subsidies and other subsidies, funding projects), as well as general bloodymindedness from the French.

Add to that Poland is a net receiver of funds, the fact that over 20 countries were involved in the expansion, most of the established members trying to limit losses to their lucrative EU benefits. Then you can see why this could not be done overnight. The fact this was achieved by 2004 was quite surprising.

Answer 2

Because they are waiting until 2008. It may be a matter of economics as it could devalue their Zloty before the conversion. Which as an example; Say you have 5000 PLN in the bank and they convert and you only can buy 1500 EUR it may hurt people before it actually help. But, my understanding Poland has to convert by 2008. I can give more information if you need, but, this give a short explain. I trade the USD and PLN in FOREX, very volatile market, but, can be very profitable too. I actually hate seeing this happen, because then it the EURO which is more stable against the Dollar.

Answer 3

likely not - given the prejudicial attitudes that a wide sufficient area of Europe reflects with solid racist and non secular inclinations adverse to the Turks. this concern replaced into strongly highlighted many years in the past by the recent batch of latest individuals admitted into the ecu even as Turkey replaced into given extensions once again inspite of an more advantageous and fit monetary device than some if not maximum of those international places. This strongly adverse attitude of Europe is now being strongly compounded by the utter disappointment and disgust of the Turkish us of a at being dealt with so unfairly, the present Turkish authorities looks searching for its fortune elsewhere.