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POLAND: Tusk Unveils Candidate To EU Commission, Slams Hawkish NBP Policy

POLAND
  • PM Donald Tusk announced that the cabinet unanimously approved Piotr Serafin as Poland's candidate for a European Commissioner, setting the scene for another stand-off with President Andrzej Duda. Serafin was Tusk's close confidante when he served as European Council President and is currently Poland's top envoy to the EU. Tusk noted that it is very likely that the Commissioner will take on the prestigious budget portfolio. It is believed that Poland may become a net payer into the EU budget after 2027 and wants to prepare for this scenario. Meanwhile, the Presidential Palace insists that it should have a say in the nomination. Tusk indicated that he would meet with Duda to discuss the matter, but had also previously suggested that the President does not have the right to intervene in the process.
  • The PM accused the NBP Governor of ill will and said that "this restrictive, hawkish policy of Mr Glapinski does not make it easier for Poland to accomplish the ambitious task of reaching one of the highest growth rates in Europe." Tusk added that it is still possible to achieve that goal, but "it would help very much if Governor Glapinski thought more fondly of Poland." The PM added that Poland can't afford to freeze electricity prices "forever" but some relief measures for the most vulnerable households will be maintained next year.
  • Gazeta Wyborcza reports that a parliamentary committee will resume works on the motion to put NBP Governor Glapinski before the Tribunal of State as soon as in September.
  • Statistics Poland will release final July CPI and flash Q2 GDP data at 09:00BST/10:00CEST.
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