Poland

ECB's Bini Smaghi on central bank independence

In the speech 'Central bank independence: from theory to practice' given on 19 April Lorenzo Bini Smaghi of the ECB said fiscal discipline is important, and highlighted that out of control spending will undermine monetary policy.

NBP to publish minutes of meetings

Poland's central bank said Tuesday 3 April it will start to publish minutes from policy meetings of its interest rate-setting panel on 24 May, in a move analysts hope will offer more clarity on future monetary policy.

NBP's Rybinski on the payment system in Poland

In the speech 'SEPA and the payment system in Poland' given on 14 March Krzysztof Rybinski of the National Bank of Poland said an aspect which deserves particular attention in the discussion on SEPA is the harmonisation of the law within the payment area.

Samoobrona candidate may join NBP board

According to Sunday 4 February's issue of Newsweek Polska, Andrzej Lepper, head of Self-Defence (Samoobrona), is looking forward to placing his candidate on the management board of the National Bank of Poland.

Poland's Rybinski on the euro adoption

In the speech 'The euro adoption - assessing benefits and costs' given on 17 January Krzysztof Rybinski of the National Bank of Poland discusses selected aspects of the cost-benefit analysis of Poland's adoption of the euro.

Skrzypek named head of Poland's central bank

Poland's new central bank governor, Slawomir Skrzypek, a close ally of president Lech Kaczynski, was confirmed by parliament Wednesday 11 January. At a parliamentary hearing Skrzypek had earlier confused the deceased Wim Duisenberg with Jean-Claude…

ECB chief defends central bank independence

Speaking at the press conference following a meeting of the ECB's governing council, ECB president Jean-Claude Trichet said that it was up to all European Union states to ensure independence of their central banks.

Balcerowicz exits NBP, legacy at risk

According to this article from Bloomberg, published Wednesday 10 January, as Leszek Balcerowicz steps down as governor of the National Bank of Poland at midnight Wednesday, government attempts to reduce its independence may tarnish his legacy.

Surprise choice for Polish central bank

According to this article from the Financial Times, published Thursday 4 January, Slawomir Skrzypek's nomination as the next head of the National Bank of Poland was received with surprise due to his lack of economic credentials and his close links to the…

New NBP chief nominated

Poland's president on Wednesday 3 January nominated Slawomir Skrzypek, acting president of a major Polish bank, as the next head of the National Bank of Poland.

New name mentioned for NBP president

Polish daily Gazeta Wyborcza reported Monday 1 January that President Lech Kaczynski is considering appointing Prof. Jerzy Zyzynski, head of the Department of Public Economy of Warsaw University, as the next president of the National Bank of Poland.

NBP holds rates steady

The National Bank of Poland kept interest rates unchanged Wednesday 20 December, as widely expected, despite strong economic growth.

NBP's Rybinski on global imbalances

In the speech 'Global imbalances and implications for emerging markets' given on 15 December Krzysztof Rybinski of the National Bank of Poland said an upcoming US slowdown would likely further increase excess saving and lower valuations of US equities…

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).

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