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NBP on the situation around Glapiński. The bank is ready for every scenario
NBP responds to commission report on Adam Glapiński
The NBP has published its position on the Sejm’s Constitutional Accountability Committee report concerning the motion to bring the bank’s president, Adam Glapiński, before the State Tribunal. The central bank maintains that such proceedings should not go ahead, at least until the Constitutional Tribunal rulings of 11 January and 20 August 2024 are implemented and the rules are brought into line with the constitution.
In the bank’s view, the issue concerns, among other things, the rules for suspending the NBP president after a Sejm resolution and the majority needed to adopt such a resolution. The NBP stresses that regardless of when the Sejm vote takes place, and regardless of the result, it will not affect how the central bank or its bodies operate.
The bank also said that the NBP president, the Monetary Policy Council and the management board are ready for any scenario. The statement noted that various political moves will not change the proper functioning of the Polish central bank.
The NBP also refers to European Union law. According to the bank, the European Commission and the European Central Bank have for years pointed out that the provisions of the State Tribunal Act concerning the NBP president should be aligned with the standards of central bank independence. This is about compliance with the principles set out in the statute of the European System of Central Banks and of the European Central Bank.
The dispute over Adam Glapiński’s constitutional accountability has been ongoing since 2024. In October, the Sejm committee adopted a report on the preliminary motion. Under the law, the Sejm takes a resolution by an absolute majority of votes in the presence of at least half of all deputies, or 230. However, in 2024 the Constitutional Tribunal challenged the provisions on both the suspension of the NBP president and the required majority.
Prime Minister Donald Tusk had promised to remove the NBP president during the 2023 election campaign. In March 2024, a group of coalition lawmakers submitted a preliminary motion in the Sejm to bring Glapiński before the State Tribunal. The charges include indirect financing of the budget deficit in 2020-2021, asset purchases without proper authorization, and violating the requirement that the central bank president remain apolitical.
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