Political dispute hits the NBP. Prof. Zaleska: "This may have negative consequences"

The National Bank of Poland may soon operate with an insufficient number of board members, violating legal requirements. Political disputes are hindering the appointment of new members, which requires the Prime Minister's counter-signature. This situation could negatively impact the bank's reputation and the legality of its decisions, especially during times of geopolitical risk. Currently, the board is down to five members, while the law mandates six to eight. The Prime Minister has not approved the proposed candidates, leading to a potential governance crisis within the bank.