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 of the financial system".

In a blunt letter sent to the Polish finance minister earlier this month and seen by the FT on Tuesday, Mr McCreevy criticises a new law that takes away the bank's powers as a banking industry supervisor and hands it t

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