The NBP does not rule out that a new banknote will appear in Poland. The nominal value would be PLN 1,000. NBP President Adam Glapiński already spoke about the possibility of introducing a PLN 1,000 banknote in 2021. The NBP chief emphasized that this would happen during his second term as head of the central […]
Tag: Glapiński
Media on the “NBP revenge”. The bank answers: There is no discussion about the accelerated sale of bonds
There is currently “no discussion” at the National Bank of Poland about the accelerated sale of government bonds, the NBP spokesperson said. “The ‘covid’ bonds that remain in the hands of the National Bank of Poland could become a major problem for Donald Tusk’s government. If the NBP were to sell them before their maturity […]
Prof. Krysiak: The introduction of the euro could have disastrous consequences
The National Bank of Poland can make autonomous decisions on the level of interest rates depending on inflation developments – says Prof. Zbigniew Krysiak in an interview with the DoRzeczy.pl portal. DoRzeczy.pl: The daily newspaper “Rzeczpospolita” published an article in which we read that Poland should be on its way to adopting the euro. Is […]
Google showed a fake zloty exchange rate. The Ministry of Finance responds
The Ministry of Finance has asked Google Polska to provide information on the reasons for the false publication about the zloty exchange rate. According to data from Google, the Polish zloty started the new year with a huge crash. On Monday evening, the euro cost PLN 5.40, the dollar PLN 4.83 and the Swiss franc […]
State court for the NBP president? Important expert opinion
The constitutional responsibility of the President of the NBP to participate as chairman of a collegial body (in this case, respectively, the Monetary Policy Council and the Board of Directors of the NBP) must be considered excluded – emphasizes Prof. Hubert Izdebski in his analysis. Civic Platform leader Donald Tusk said in November that the […]
Experts warn about the President of the National Bank of Poland. ‘One of the biggest risks for the Polish zloty’
The potential to bring NBP President Adam Glapiński before the State Tribunal is one of the biggest risks for the Polish zloty – say Ebury analysts. In recent days, the zloty has proven to be the strongest currency in the region, reaching new local highs against both the euro and the dollar. Inflation strengthened weekly […]
Head of the European Central Bank: The regulations protect the NBP president
European Union rules protect the governor of Poland’s central bank if the new government plans to unlawfully prosecute or suspend him. This information was provided in a letter on Monday by the President of the European Central Bank, Christine Lagarde. The coalition of KO, Third Way and Left, which won a majority in October’s parliamentary […]
Tusk on NBP: We will not do anything that would damage Poland’s reputation
In the issue of the NBP, the coalition will not do anything that would undermine the stability and reputation of the Polish state institution – said Donald Tusk, leader of PO. – It is also our common task to ensure the reputation and stability of institutions in Poland, and the NBP Central Bank is one […]
Sura: The NBP president will not be brought before the State Tribunal
NBP Chairman Adam Glapiński will not appear before the State Tribunal. There are no reasons for this, says Rafał Sura, member of the board of directors of the National Bank of Poland. In an interview for “Dziennik Gazeta Prawna”, Sura spoke about the accusations against NBP President Adam Glapiński and the defense not to bring […]
Morawiecki: What Tusk is trying to do is the biggest attack on the independence of the NBP
I will talk to representatives of major international financial institutions to draw their attention to the fact that what Donald Tusk plans to do today is the biggest attack on the independence of the NBP – Prime Minister Mateusz Morawiecki emphasized. The coalition agreement signed by the leaders of the Civic Coalition, the Third Way […]