Trump's Ultimatum, Expensive Fuels in the EU, Costs of Lack of Independence of the NBP
Donald Trump has given Iran a 48-hour ultimatum to reopen the Strait of Hormuz, amidst escalating tensions and potential military actions.
Donald Tusk: I take the proposal of the NBP president and the president seriously
Donald Tusk acknowledges the seriousness of the proposals made by the National Bank of Poland president and the president of the country regarding the economic outlook and performance of the bank.
Gold Falls for the Third Week. NBP Loses Billions 'on Paper'
Gold prices have been falling for the third consecutive week, despite increasing risk aversion among investors, impacting the National Bank of Poland's theoretical profits significantly.
Andrzej DomaΕski on the 'Polish SAFE 0%' program: You can sell gold and not gain
Andrzej DomaΕski discusses the implications of the 'Polski SAFE 0 proc.' investment program proposed by President Karol Nawrocki and NBP Chairman Adam GlapiΕski, emphasizing the need for significant reserves due to Poland's border with Ukraine.
NIK enters NBP with an audit that may last a year - Rzeczpospolita has learned. Aftermath of Poland's SAFE 0%?
The Supreme Audit Office (NIK) is initiating a year-long audit of the National Bank of Poland (NBP), marking a significant shift in oversight practices and parameters under new leadership.
NIK Conducts Control at NBP That May Last a Year - Established by 'Rzeczpospolita'. Consequences of Polish SAFE 0%?
The Supreme Audit Office (NIK) is set to conduct an unprecedented year-long audit of the National Bank of Poland (NBP), focusing on the bank's financial management and adherence to new auditing principles.
NIK examines NBP with unprecedented control β Rzeczpospolita has learned. The aftermath of Poland's SAFE 0 percent?
A Polish parliament member has requested an urgent audit of the National Bank's financial reports due to concerns over a stated loss of 100 billion PLN.
BogusΕaw Chrabota: How to Get Money for Armaments from the NBP? There Are Ways
The article discusses the political tensions between the government and the presidential office in Poland, particularly regarding military funding and the influence of figures like Donald Tusk.
Economists: Selling Gold from the NBP is a Very Bad Idea
Economists are strongly opposing the National Bank of Poland's proposal to sell gold reserves to finance military modernization, citing various financial risks associated with this move.
Is NBP Gold for Sale? Economists Alarm: It May Weaken State Finances
A proposal to sell gold reserves by the National Bank of Poland raises concerns among economists about the potential risks to the country's finances.
Jankowiak: It's not SAFE zero, it's not a free lunch
The article analyzes the differences between the EU SAFE program and a presidential initiative in Poland, focusing on funding and timing of monetary availability.
Marcin Olechowski: βSAFE zero percent,β or gold for the daring
The Polish government has introduced the 'SAFE zero percent' initiative to finance military expenditures using the National Bank of Poland's gold reserves.
Witold M. OrΕowski: Money That Exists and Doesn't Exist
The article discusses the implications of the National Bank of Poland's gold reserves and their impact on the national budget.
Experts criticize the president's and NBP's proposal: 'There is no such thing as SAFE zero percent'
Experts are raising concerns about the proposed 'SAFE zero percent' initiative aimed at funding Polish military modernization, questioning its economic viability and constitutional basis.
Janusz Jankowiak: The Most Interesting Thing in the NBP President's Words About Gold Was the Apparent Resignation
The President of the National Bank of Poland discussed the need for military modernization and the potential use of gold reserves during a press conference, which sparked skepticism.
Economic Panel of 'Rzeczpospolita': NBP Should Not Invest in Polish SAFE 0%
Economists argue that the Polish National Bank (NBP) should refrain from using gold reserves to finance defense expenditures through the SAFE program.
Presidential Project in the Sejm. NBP Profits Instead of Budget for Armaments
A new proposal in the Polish Sejm reallocates profits from the National Bank of Poland to a newly established Defense Investment Fund, sparking concerns about the lack of clear funding sources.
National Bank of Poland on financing Poland's defense needs
Professor Adam GlapiΕski, President of the National Bank of Poland (NBP), outlined the bank's readiness to provide significant financial support to enhance Poland's military capabilities following a meeting with high-ranking officials.
"Polish SAFE 0 percent" GlapiΕski and Nawrocki have a plan for billions for the army. Meeting with Tusk
The article discusses a new financial program called 'Polish SAFE 0 percent', proposed by NBP President Adam GlapiΕski and Prezydent Nawrocki, aimed at supporting the Polish military.
Operation on the Open Vault. Will NBP's Gold Fund Military Spending?
The National Bank of Poland (NBP) is considering unconventional methods to finance military spending through gold reserves amidst ongoing speculation about its initiatives.
New NBP Projection: Inflation on Target, GDP Up 3-4% by 2028
The NBP's latest projection indicates that inflation in Poland will remain close to the targeted rate of 2.5% until the end of 2028, with GDP expected to rise by 3-4%.
Polish SAFE and NBP, stabilization of gas prices, Beijing's economic plan
The podcast discusses the Polish SAFE program, a proposal aimed at financing military modernization, the stabilization of gas prices, and economic plans from Beijing.
Krzysztof Adam Kowalczyk: SAFE β counterfeit versus original. What game is Adam GlapiΕski playing?
The article critiques Poland's new SAFE 0% initiative, highlighting skepticism towards its funding and connection to political agendas.
Cezary Szymanek: Who are you, Professor GlapiΕski β the president of the NBP or a politician from PiS?
The article questions the political neutrality of Adam GlapiΕski, president of the National Bank of Poland, in light of his public statements and actions that blur the lines between central banking and politics.
GlapiΕski announces that he will not sell gold for 'SAFE 0 percent.'
Adam GlapiΕski, the President of the National Bank of Poland, has declared he will not sell gold reserves to finance military purchases, emphasizing the importance of maintaining these financial resources for national security.
Polish SAFE 0%: 'One can discuss whether this undertaking would be cost-free'
The discussion surrounding the Polish SAFE 0% financial mechanism raised concerns about its potential implications for the national budget and reserves.
Nawrocki wants to reject the EU SAFE. He hopes that the NBP will finance arms purchases
Poland's Nawrocki aims to dismiss the EU SAFE initiative, seeking funding for arms purchases from the National Bank of Poland (NBP).
Polish SAFE 0 percent. The President and the NBP President have an alternative to the EU SAFE
Poland's President Karol Nawrocki announced a new alternative to the European SAFE, termed Polish SAFE 0%, which promises no financial interest and greater flexibility for defense procurement.
NBP Eases Policy. RPP Lowers Interest Rates Despite the War in the Middle East
The Rzeczpospolita article examines Poland's central bank's decision to lower interest rates amid tensions in the Middle East and provides insights into economic indicators supporting this move.
Prof. Wojtyna: What is the cost of a silent agreement between the government, the NBP, and the president
Prof. Wojtyna warns that a potential silent agreement between the Polish government, the National Bank of Poland (NBP), and the president could have severe economic and institutional costs.
Hundreds of tons of gold in NBP reserves. How much is there and where is it located? New data
Poland's central bank has increased its gold reserves to 700 tons, positioning the country among the top ten globally in gold holdings.
Inflation Exceeded Market Expectations. GUS Presented the First Reading for January
Inflation in Poland has decreased from December but remains above market expectations, with economic forecasts suggesting a potential impact on monetary policy decisions.
Pigeon president of the NBP. GlapiΕski: there is room for interest rate cuts
The article discusses current predictions for interest rate changes in Poland, including the NBP president's plans for gold reserves and economic expectations on inflation forecasts.