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Poland

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.

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".

A contrasting tale of two central bankers

According to the article "From Poland to Japan: a contrasting tale of two central bankers" from The Japan Times, published Monday 7 August, Poland's new leaders look set to concentrate the entire spectrum of financial supervisory powers in the prime…

Slovakia pledges 2009 for euro adoption

In an interview with the Financial Times, Slovakia's finance minister Jan Pociatek said, "It is my personal responsibility to follow the euro commitment," allaying fears that the new leftist government might delay the adoption of the single currency.

ECB's Opinion on National Bank of Poland law

The European Central Bank on Thursday 3 August published an Opinion in which it expressed concern over proposed amendments to National Bank of Poland statutes which relate to changes in the composition of the Banking Supervision Commission.

IMF warns Poland over super-regulator

The International Monetary Fund has warned Poland that plans for a unified financial services supervisory agency could expose the system to political interference, the Financial Times reported.

Comment: Left out in the cold

While Slovenia celebrates its imminent entry to the eurozone, the Baltic aspirants can feel more than a little peeved by Brussels' handling of their efforts to join the club.

Comment: Eastern European tightrope

Amidst renewed inflation fears in the developed world and the prospects of further interest rate hikes there, a number of central banks in Eastern Europe and the Baltics will be silently grateful for a little bit of latitude. But with question marks…

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