Poland

Polish PM dismisses Gilowska NBP link

Poland's prime minister Jaroslaw Kaczynski has dispelled rumours of deputy PM and finance minister Zyta Gilowska leaving his cabinet in order to become head of the National Bank of Poland (NBP).

Financial integration of new EU Member States

The ECB Working Paper "Financial integration of new EU Member States" assesses the degree of financial integration for a selected number of new EU member states between themselves and with the euro zone.

National Bank of Poland - Annual Report 2005

According to the National Bank of Poland's Annual Report 2005, in 2005, the National Bank of Poland continued internal reforms aimed at improving the efficiency and security of operations, and the reduction of general expense.

NBP candidate favours privatisation

In an interview for Forbes, candidate for the presidency of the National Bank of Poland (NBP) Urszula Grzelonska discussed a number of issues crucial to the Polish economy.

Poland rejects criticism of new regulator

Criticism from the European Union that Poland's new financial regulator might fall victim to political meddling has been rejected, a Finance Ministry spokeswoman said on Wednesday 25 October.

McCreevy warns over curbing NBP's powers

Charlie McCreevy, the European Union internal market commissioner, has warned the Polish government in a letter quoted by the Finanical Times on Wednesday 25 October that recent moves to curb the powers of the central bank may "put at risk the stability…

Poland's Samoobrona wants presence in NBP

Poland's Self-Defence (Samoobrona) party will propose its candidate for the post of deputy head of National Bank of Poland and is likely to be the Under Secretary of State in the Labour and Social Policy Ministry, Polish News Bulletin reported Monday 23…

NBP's Rybinski on the single euro payments area

In the speech 'Single euro payments area from the point of view of the National Bank of Poland' given on 10 October Krzysztof Rybinski of the National Bank of Poland said the implementation of SEPA is a huge challenge for the Polish banking system.

Central Europe cannot afford to delay the euro

According to this article published by the Financial Times on Monday 9 October, the main reason for stalling central European economies is the reluctance by several governments to embrace monetary union as quickly as possible.

Warsaw academic rumoured to be next NBP president

Polish Prime Minister Jaroslaw Kaczynski already knows who will take over from Leszek Balcerowicz as the new president of the National Bank of Poland (NBP), the Rzeczpospolita daily reported on Sunday 8 October.

Interview with NBP's Leszek Balcerowicz

In an interview with AP, published on Tuesday 3 October, the head of Poland's central bank said the bank is suffering the "most extreme" attacks on its independence since communism fell in 1989.

ECB's Stark on central bank independence

In the speech 'The role of central banks in economic and personal finance education' given on 29 September Jurgen Stark of the ECB made some pointed remarks indirectly warning Poland's government against interfering with the country's central bank.

Kluza named chief of Poland's new regulator

Former minister of finance Stanislaw Kluza was on Friday 29 September named as the head of Poland's new commission designed to supervise the rapidly growing financial sector, Deutsche Presse-Agentur dpa reported.

Court says Polish bank probe unconstitutional

Poland's constitutional court ruled Friday 22 September that a parliamentary commission set up to probe the activities of the country's central bank and its governor Leszek Balcerowicz was unconstitutional, AFX Europe said.

The hunt for Balcerowicz

According to this article published by the Warsaw Business Journal on Monday 18 September, any notion of central bank independence in Poland will soon be banished.

Polish central bank chief hits back

Describing the ruling coalition as a threat to the country's democratic system, the National Bank of Poland president, Leszek Balcerowicz, criticised a parliamentary inquiry into bank privatisation, describing it as "populist actions".

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