Poland
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…
Polish central bank leaves rates unchanged
The National Bank of Poland said on Wednesday 24 November that it had left key interest rates unchanged at its monetary policy meeting.
Minister says Poland to meet euro criteria in 2007
Poland will be ready in 2007 to join the euro, Polish Finance Minister Miroslaw Gronicki said on Wednesday 20 October, following a report which said that none of the 10 new EU members yet meet the criteria for adopting the single European currency.
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…
NBP says Poland's 2006 ERM II depends on deficit
Poland's joining the Exchange Rate Mechanism ERM II in mid-2006 depends on its meeting the budget deficit criterion, Polish National Bank (NBP) Vice-President Krzysztof Rybinski said.
NBP's Balcerowicz says budget efforts not enough
Polish Central Bank Governor Leszek Balcerowicz said efforts to narrow the budget deficit next year won't be enough to help the country qualify for the euro by 2007.
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.
Poland to up its economic growth forecast
The Polish government is set to raise its forecast for 2004 growth in gross domestic product, the PAP news agency reported on Friday 13 August.
Polish central banker Rybinski warns on rates
Deputy governor of the National Bank of Poland Krzysztof Rybinski said on Wednesday 11 August that the central bank may have to be more aggressive in raising interest rates to contain inflation.
Poland raises rates for a second month
Poland's central bank raised interest rates for the second month running after the inflation rate rose close to a three-year high.
Polish finance minister resigns to join IMF
Polish Prime Minister Marek Belka said that Finance Minister Andrzej Raczko was leaving the government for a post at the International Monetary Fund and would be replaced on Wednesday by the economist Miroslaw Gronicki, AFP reported Friday.
NBP urges faster spending cuts for euro in 2009
Poland should move ahead quicker with its spending-reduction plan to cut the budget deficit and allow the largest new European Union member to adopt the euro before 2009, deputy governor of the National Bank of Poland (NBP) Krzysztof Rybinski said.
NBP warns inflation could hinder economic growth
Inflationary pressure is growing which, in the long run, could hinder economic growth, Krzysztof Rybinski, a deputy president of the Polish central bank (NBP) has warned.
National Bank of Poland - Annual Report 2002
The National Bank of Poland has published its Annual Report for the year ended 2002. Developments in monetary policy encouraged the curbing of inflationary pressures and there was a marked slowdown in the annual total money supply growth, notes and coin…
Polish national bank urges fast euro entry
The National Bank of Poland has said Poland and other recent entrants to the European Union would be well advised to join the eurozone without delay.
Balcerowicz says Polish euro entry may be delayed
Poland's national bank President Leszek Balcerowicz said the country may not be ready to adopt the euro by 2007 because the government has failed to cut spending.
Poland says to adopt euro by 2007
Poland, which on May 1 will become a member of the European Union, should adopt the euro as its national currency by 2007, the country's central bank chief said.
Poland's NBP confirms management changes
Leszek Balcerowicz, president of the National Bank of Poland, confirmed a number of changes to the central bank's management this week.
Poland may replace three board members
Reports say that National Bank of Poland governor Leszek Balcerowicz will soon replace three members of the management board of the NBP, Jerzy Stopyra and Andrzej Bratkowski, while the third name is still unknown.
International Conference on Emerging Markets
The Centre for the Study of Emerging Markets (CSEM), Westminster Business School, London, will hold a two-day conference 11-12 June. Confirmed speakers include central bank governors from Poland, Bolivia, Latvia and Bosnia Herzegovina.
Balcerowicz plays down Polish early euro hopes
National Bank of Poland governor Leszek Balcerowicz said in an interview on Thursday 11 March that the country needed sounder finances before linking its currency to the euro.
Poland's Monetary Policy Council hold rates
Poland's Monetary Policy Council kept interest rates on hold on Wednesday 25 February . The decision was expected due to the recently completed council changeover, but the council suggested rates were more likely to rise than fall.
Poland to name new monetary council members
Membership of the Polish central bank's Monetary Policy Council is up for renewal in January and February with suggestions that the ruling coalition is attempting to stack the Council in its favour.
Polish central bank's freedom threatened
The governor of the National Bank of Poland (NBP) Leszek Balcerowicz has said that the central bank's independence is threatened following the adoption of an amendment that would require the NBP to print money, according to AFP. "A central bank should be…