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Poland

Trichet praises BoJ's communication

The Bank of Japan's communication with financial markets was "very, very good," European Central Bank President Jean-Claude Trichet said Monday 13 March. He also said independence was of "extreme importance" for the National Bank of Poland.

Comment: Balcerowicz battles on

The president of the National Bank of Poland (NBP), Leszek Balcerowicz, and the ministry of finance are at loggerhead over a hotly debated bank merger. The government wants the deal blocked, Balcerowicz refuses to do so. Even as his first term draws to…

NBP chief defends decision over meeting

Leszek Balcerowicz, governor of the national bank of Poland, rejected accusations on Friday 10 march that he broke the law by excluding a government official from a regulatory meeting on Italian lender UniCredit's deal to buy Polish Bank BPH.

Balcerowicz concerned over NBP regulations

In an interview for the Gazeta Wyborcza daily, the president of the National Bank of Poland Leszek Balcerowicz, presented the central bank's standpoint on the Pekao-Bank BPH merger and ideas to broaden the responsibility of the NBP.

Former Polish minister against super regulator

In an interview for the Parkiet daily, the former head of the Polish Securities and Exchange Commission (KPWiG) and treasury minister in Marek Belka's government, Jacek Socha, assessed the Polish financial market as not mature enough to introduce…

Germany supports former Polish PM as OECD chief

Outgoing German Chancellor Gerhard Schroeder said recently that both he and designated chancellor Angelor Merkel supported former Polish Prime Minister Marek Belka as the new chief of the Organization for Economic Cooperation and Development.

Poland may hold euro referendum

Poland may hold a referendum on when to adopt the euro if the country's expected next ruling coalition cannot agree on a timetable, top presidential candidate Donald Tusk said on Thursday 15 September.

NBP chief: GDP depends on passing of reform bill

Poland's long-term economic growth depends on passing legislation that can effectively reform the country's public finances instead of blocking initiatives, which could widen the government budget deficit, National Bank of Poland Governor Leszek…

NBP's relations with government 'heating up'

Relations between Poland's government and the central bank's Monetary Policy Council (RPP) are likely to heat up again, Interfax reported, after Economy and Labor Minister Jerzy Hausner called the current monetary policy "improper," saying it threatened…

Poland raises interest rate by half percent

The Polish central bank raised its main interest rate to 6.5 percent on August 24, the third rise in as many months. The central bank took the measures to address inflation, which has been rising following Poland's entry into the EU.

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