Jankowiak on the crisis in the Constitutional Tribunal: the way out of the impasse is simple. The president should listen to the judges' oath.
The article discusses the implications of the blocked Constitutional Tribunal and the potential paralysis of the National Bank of Poland (NBP) on the Polish economy. Janusz Jankowiak, chief economist of the Polish Business Council, highlights that investors are increasingly aware of the political influences affecting key institutions like the NBP. He emphasizes that the state of public finances poses a greater risk to investors than institutional chaos. Jankowiak warns of significant fiscal adjustments needed by 2029-2030, which could impact economic growth and social transfers. He also notes that while there won't be a paralysis at the NBP, the ongoing conflicts could lead to legal disputes regarding its governance.
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