Showing posts with label Slawomir Skrzypek. Show all posts
Showing posts with label Slawomir Skrzypek. Show all posts

29 May 2010

POLAND: Former PM Belka Nominated For Chief Banker.

AP/GOOGLE/      Former prime minister Marek Belka, 58, was nominated to head the central bank by acting President Komorowski. Belka is an economist currently working for the IMF and a former finance minister. "Everyone is happy," said economist Mateusz Szczurek. "If you look at his professional activity in the past 13 years, it's hard to find anyone more qualified."  But Economy Minister Waldemar Pawlak dissented and said he doesn’t want the central bank to be run by “a monetarist” such as  Belka because the country needs “someone interested in supporting economic growth.” The previous central banker Slawomir Skrzypek died in the 10 April plane crash in Russia.

12 April 2010

POLAND: No Rush To Name Permanent Central Banker Says Acting President.

BLOOMBERG/    Acting President Bronislaw Komorowski says the nation has no need to rush a permanent replacement for central bank Governor Slawomir Skrzypek, who died in the tragic plane crash. But “the best thing would be to find someone right away to preserve the stability and credibility of the central bank," said potential candidate Jan Krzysztof Bielecki. Others speculate that “the most likely candidate is Bielecki, because he has political experience and support. Right behind is Andrzej Bratkowski, who has the know-how to step right into the job without missing a beat.” For now, Deputy Governor Piotr Wiesiolek, 46, is handing the duties.

10 April 2010

POLAND: New Questions About Economic Policy After Chief Banker's Sudden Death.

CNBC/     The death of central bank chief Slawomir Skrzypek, 46, is sure to raise doubts about the country's monetary policy and recent moves to weaken the zloty. Skrzypek was midway in his 6-year term when he died with 95 others inthe plane crash in Smolensk, Russia. Poland was the lone EU member to escape recession last year, and saw its zloty rise to 16-month highs this week due to foreign interest in its bonds and steady privatization inflows. "It was one of the truly brilliant careers recently in Poland," said political analyst Rafal Chwedoruk. "He took his positions among heated disputes and he came out victorious. Even his critics were saying under his leadership the bank was playing its role well."