{"id":341,"date":"2026-04-11T05:24:48","date_gmt":"2026-04-11T05:24:48","guid":{"rendered":"https:\/\/www.europesays.com\/poland\/341\/"},"modified":"2026-04-11T05:24:48","modified_gmt":"2026-04-11T05:24:48","slug":"battle-between-polish-president-and-prime-minister-deepens-over-eu-defense-loans-politico","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/poland\/341\/","title":{"rendered":"Battle between Polish president and prime minister deepens over EU defense loans \u2013 POLITICO"},"content":{"rendered":"<p>However, Nawrocki could also go for broke and try to block the SAFE loan by pushing his domestic alternative, wrote political scientist Marek Migalski.<\/p>\n<p>&#8220;The president&#8217;s initiative on &#8216;Polish SAFE&#8217; is politically astute. It justifies the veto and gives his supporters an argument against the government, which not only wants to burden us with debt, but also wants to do so through the evil and deceitful EU,&#8221; he <a href=\"http:\/\/&lt;iframe src=&quot;https:\/\/www.facebook.com\/plugins\/post.php?href=https%3A%2F%2Fwww.facebook.com%2Fpermalink.php%3Fstory_fbid%3Dpfbid02QdYruBB4dTCPTGrXm9tPL9QvbDkzMv54dRbgz28xD2BJM7AkgBKLtdsEWmmz2ruSl%26id%3D100001061444745&amp;show_text=true&amp;width=500&quot; width=&quot;500&quot; height=&quot;234&quot; style=&quot;border:none;overflow:hidden&quot; scrolling=&quot;no&quot; frameborder=&quot;0&quot; allowfullscreen=&quot;true&quot; allow=&quot;autoplay; clipboard-write; encrypted-media; picture-in-picture; web-share&quot;&gt;&lt;\/iframe&gt;\" target=\"_blank\" rel=\"nofollow\">wrote on social media.<\/a><\/p>\n<p>Glapi\u0144ski\u00a0<a href=\"https:\/\/www.youtube.com\/watch?v=Nm2IFmGB6wM&amp;embeds_referring_euri=https:\/\/nbp.pl\/&amp;source_ve_path=OTY3MTQ\" target=\"_blank\" rel=\"nofollow noopener\">said<\/a>\u00a0Thursday he intends to propose &#8220;measures&#8221; that would not cut the country&#8217;s foreign currency reserves while securing \u201ctens of billions of z\u0142oty\u201d each year for the state-run Armed Forces Support Fund, a vehicle to finance military modernization.<\/p>\n<p>Glapi\u0144ski is hemmed in by legal restrictions limiting the central bank&#8217;s ability to finance the budget, but his messaging suggests the NBP is readying a large-scale gold selloff. With 550 tons of gold stored in domestic and foreign vaults, the NBP is\u00a0one of Europe\u2019s top gold hoarders.<\/p>\n<p>\u201c[The NBP] signals a sell\u2013buyback operation involving the central bank\u2019s gold reserves. Although it would formally comply with central bank accounting rules, it could in practice be viewed as risky from the perspective of Poland\u2019s credibility in financial markets,\u201d ING Bank <a href=\"https:\/\/ekonomiczny.ing.pl\/publikacja\/865802\" target=\"_blank\" rel=\"nofollow noopener\">wrote<\/a>\u00a0in an analysis of the proposal.<\/p>\n<p>\u201cThere\u2019s nothing else [the NBP] can do,\u201d a high-ranking government official told POLITICO, speaking on condition of anonymity, when asked if the plan involves selling gold.\u00a0<\/p>\n<p>Tusk on Thursday called on Nawrocki to sign the SAFE law without delay. \u201cPoland, Polish companies, the employees of those companies and Poland\u2019s security are waiting for money from the SAFE program \u2026 There is no room for any political games,\u201d the PM said in a\u00a0<a href=\"https:\/\/x.com\/donaldtusk\/status\/2029564432427217339?s=20\" target=\"_blank\" rel=\"nofollow\">video<\/a>\u00a0on X.<\/p>\n","protected":false},"excerpt":{"rendered":"However, Nawrocki could also go for broke and try to block the SAFE loan by pushing his domestic&hellip;\n","protected":false},"author":2,"featured_media":342,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[37],"tags":[440,441,414,64,442,419,9,420,231,443,127,423,444],"class_list":{"0":"post-341","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-donald-tusk","8":"tag-andrius-kubilius","9":"tag-debt","10":"tag-defense-budgets","11":"tag-donald-tusk","12":"tag-eu-us-military-ties","13":"tag-karol-nawrocki","14":"tag-poland","15":"tag-polish-politics","16":"tag-procurement","17":"tag-state-guaranteed-loans","18":"tag-ukraine","19":"tag-united-states","20":"tag-war-in-ukraine"},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/poland\/wp-json\/wp\/v2\/posts\/341","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/poland\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/poland\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/poland\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/poland\/wp-json\/wp\/v2\/comments?post=341"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/poland\/wp-json\/wp\/v2\/posts\/341\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/poland\/wp-json\/wp\/v2\/media\/342"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/poland\/wp-json\/wp\/v2\/media?parent=341"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/poland\/wp-json\/wp\/v2\/categories?post=341"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/poland\/wp-json\/wp\/v2\/tags?post=341"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}