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03/05/2026
07:00
Today, Romanian President Nicuşor Dan and his partner Mirabela Grădinaru are paying an official visit to Poland. A welcoming ceremony for the guests is scheduled at the Presidential Palace for 11:00. At 11:15, the presidential couples will meet, and at 11:30, Karol Nawrocki and Nicuşor Dan will have a one-on-one meeting.
A plenary session, chaired by both presidents, is set to begin at 11:50. Following this, a joint press conference with Nawrocki and Dan is planned for 12:30.
The Romanian President will then proceed to the Polish parliament, where he will meet with the Marshal of the Sejm, Włodzimierz Czarzasty (at 14:50), and the Marshal of the Senate, Małgorzata Kidawa-Błońska (at 15:35).
At 15:00, a press conference by the President of the National Bank of Poland (NBP), Adam Glapiński, will commence. The conference will focus on the current economic situation in Poland.
An event featuring Mateusz Morawiecki and Marzena Machałek will take place in Jelenia Góra at 18:00.
07:36
Siemoniak on Polish SAFE 0%:
Why Wasn't This Done Earlier, When PiS Was Amassing Tens of Billions in Debt?
- For me, yesterday's address by the President with the NBP President is not a desire to strengthen Poland's security or increase the amount of money, but a simple reaction to the trouble, the problem the President has with vetoing or not vetoing SAFE. Unprepared, a whole host of doubts - stated Tomasz Siemoniak in "Rozmowa Piaseckiego" on TVN24.
- Why wasn't this done earlier, when PiS was accumulating tens of billions of zlotys in debt for military purchases? After all, the Armed Forces Support Fund relies on selling bonds, and we are buying on credit from Korea. Where were President Glapiński and, I don't know, Prime Minister Morawiecki then? - he continued.
07:37
Siemoniak on Polish SAFE 0%:
Purely Political Aim to Create a Pretext for the President's Veto,
- If they wanted to discuss this seriously, there are various bodies. It's not as if the NBP Governor has 150-200 billion PLN in his pocket and can now say: ah, I'll direct this to that. I believe the aim is purely political, to create a pretext for the President to veto the SAFE act. Optimistically, he might not veto it, because then he will say – well, okay, I'll sign this SAFE for you, since the military is insisting, everyone is insisting, but we still have the so-called SAFE 0 - stated Tomasz Siemoniak on TVN24's "Rozmowa Piaseckiego" (Piasecki's Conversation).
07:41
Siemoniak on a potential veto of the SAFE implementation act:
It will be more expensive, harder, and equipment will reach the Polish Army later.
- Unfortunately, the political logic pursued by President Nawrocki suggests to me that this was a step towards saying there is a veto - stated Tomasz Siemoniak in the “Piasecki Conversation” on TVN24.
- Prime Minister Tusk spoke about this; it [a potential veto of the SAFE implementation act] means it will be more expensive, harder, and that these funds will reach Polish industry later, and equipment will reach the Polish Army later. This is exactly what it’s all about - he continued.
07:45
Siemoniak:
All NATO special services are on alert due to potential Iranian reaction
- I am the minister for imagining the worst-case scenarios and preparing the state for them. This is also how the entire government operates, so naturally, all NATO special services are on alert due to the potential reaction from Iran - stated Tomasz Siemoniak on TVN24's "Rozmowa Piaseckiego" (Piasecki's Conversation).
- Iran is humiliated, defeated, and lacks the capacity for effective action, at least at this moment. It might send missiles and drones at its neighbours, but this is not an effective way of waging war. And the weak and humiliated resort to terrorism - he continued.
08:05
- The point is that the NBP has pursued a very active and thoughtful policy related to investing its reserves, both foreign currency and gold, over the past few years. We have almost a trillion zlotys in reserves accumulated at the NBP. We have 550 tons of gold and reserves in various currencies, mainly dollars and euros, but also in others - stated Rafał Leśkiewicz in an interview with Marcin Fijołek on Polsat News' "Graffiti".
- In the last 30 months alone, investment operations utilizing the reserves at the disposal of the NBP have generated over PLN 180 billion in revenue for the NBP. This involves a solution designed to leverage the very fact of the NBP possessing reserves to finance purchases for the Polish army, police, and other uniformed services, including the Government Protection Bureau (SOP) and the Border Guard. This is one element of this solution - he continued.
- We are talking about reserves and the investment process based on NBP reserves. We can utilize funds that, based on investments made using these reserves, can finance a program to co-finance the Polish army. This is one way we [de facto monetize profit on gold]. This is one of the solutions proposed by the President together with Governor Glapiński - emphasized the President's spokesman.
08:06
Leśkiewicz:
A meeting will take place in the coming days, provided the Prime Minister and the Minister accept the invitations
- This is drawing on the reserves that the NBP has, and President Glapiński also said that we want to discuss the details with the Polish government, with the Prime Minister, with Prime Minister Kosiniak-Kamysz. A meeting will certainly take place in the coming days, provided, of course, that the Prime Minister and the Minister accept the President's invitation to meet and discuss this solution - stated Rafał Leśkiewicz on Polsat News's "Graffiti".
08:26
- The right-wing and Mr. President worry unnecessarily that SAFE will make us dependent on the EU until 2070. The money must be drawn and spent by 2030. After that, it will be in the EU's interest for Poland to repay the loan - Radosław Sikorski wrote on social media.
Prawica i Pan Prezydent niepotrzebnie się martwią, że SAFE uzależnia nas od Unii do 2070. Pieniądze muszą być pobrane i wydane do 2030. Potem to Unii będzie zależało aby Polska pożyczkę spłaciła.
— Radosław Sikorski 🇵🇱🇪🇺 (@sikorskiradek) March 5, 2026
08:29
Leśkiewicz on Poland's SAFE 0%:
This Money is for Quick Use.
- This money is for quick use. According to President Glapiński's assurances, these funds can be accessed quickly, provided that the appropriate legislative process is carried out swiftly, and this is precisely what the discussions to be organized in the coming days are intended to address - stated Rafał Leśkiewicz in "Graffiti" on Polsat News.
08:32
Leśkiewicz on the Polish SAFE 0%:
This Isn't Justification for a Veto.
- No, this isn't justification for a veto [the SAFE 0% proposal]. It's a presentation of a concrete proposal to the government. We will discuss the details soon - stated Rafał Leśkiewicz on Polsat News' "Graffiti."
08:35
Kierwiński on the Polish SAFE 0%:
It Looks Like a Slogan
- I don't know, Poles don't know, and probably Mr. Glapiński himself doesn't yet know [where to find PLN 185 billion] - stated Marcin Kierwiński on TOK FM.
- I don't know, I listened to Mr. Glapiński's conference with the President yesterday. To be honest - zero specifics. It looks like a slogan. 0% credit always sounds nice. Short-term loans also advertise themselves like that. However, I didn't hear any specifics - continued the head of the Ministry of Interior and Administration.
- I must say that I would expect a slightly more serious message from the head of state in this regard. Because this is a fundamental matter. And one more very important thing, and I say this from the perspective of the Minister of Interior and Administration - every additional zloty will be useful for the Polish army, for the Polish police, for the Polish Border Guard - he emphasized.
08:37
Kierwiński:
In the End, the President's Proposal Will Amount to a Few, Perhaps Several Dozen Billion More
- No mechanism collapsed during this conference. So I say that any additional money... In my opinion, it will end with the president's proposal being a few, perhaps several dozen billion more. That's why I'm talking about supplementing it - stated Marcin Kierwiński on TOK FM.
08:52
Kierwiński:
Glapiński Was Always a PiS Politician. He Stands Beside the President, Who is Also a PiS Politician
- Glapiński was always a PiS politician. He stands beside the president, who is also a PiS politician, so nothing has changed - stated Marcin Kierwiński on TOK FM.
08:53
Kierwiński on Interest Rate Cuts:
A Good Decision from the Perspective of Poles.
- Regarding the interest rate cut - a good decision, good for Poles. Yes, I believe it's a good decision - stated Marcin Kierwiński on TOK FM.
- Please remember that for many years, Mr. Glapiński pursued a policy that did not touch interest rates simply because he was walking hand in hand with the PiS government - said the head of the Ministry of Interior and Administration.
- From the perspective of Poles, this is a good decision, so I say this with full responsibility - he added.
- From the perspective of the state, it seems to me that interest rates have been kept at too high a level in recent years by Mr. President Glapiński and the Monetary Policy Council - he emphasized.
08:57
Morawiecki's New Clip:
They Are Indebting Poland Massively.
- Did you know that Poland's debt is almost PLN 2 trillion? That's 25,974 such pallets, and if you lined them up, we'd have over 31 km of pallets with money. We could fit them into 787 trucks, and if you were to lay them out on a field, we'd need 4 national stadiums. They are indebting Poland massively - says the narrator in a clip published by Mateusz Morawiecki on social media.
⛔️ Nie dajcie się nabrać na ich uśmiechy. Koalicja Długu zadłuża nas na potęgę! Podaj dalej i ostrzeż innych przed finansowym tsunami. 🌊 pic.twitter.com/CpnTkU99Ri
— Mateusz Morawiecki (@MorawieckiM) March 5, 2026
08:58
Kierwiński on Miszalski:
He will have to defend himself in this referendum.
- However, I would distinguish between two aspects of a political referendum. A referendum supported by President Michalski's opponent in the elections, Mr. Gibała. Of course, [people are signing] and they have the right to do so. And the President will have to defend himself in this referendum. But perhaps a political action, because this is political, is something else. Well, there is no doubt about that - stated Marcin Kierwiński on TOK FM.
08:58
Fogiel on Morawiecki's Friday Press Conference:
Perhaps the Timing Could Have Been Better.
- Perhaps the timing [of Mateusz Morawiecki's conference], to put it crudely in English, could have been improved. I assume this type of conference isn't organized overnight, so it was likely planned in advance. But please don't worry, we will handle all of this perfectly - said Radosław Fogiel on TVP Info.
09:06
- By rejecting President Nawrocki's excellent proposal and demanding the signing of the law on harmful loans from the EU, the ruling party only proves that their entire dispute is not about security - wrote Mariusz Błaszczak on social media.
- Donald Tusk must have received an ultimatum from the European Commission, because SAFE is nothing more than another step towards EU centralization and the relinquishing of national competencies. Safe arms procurement, without interest and conditionality, as proposed by the President, is the only correct path. Tusk's government is acting against the national interest - emphasized the head of the PiS parliamentary club.
Odrzucając świetną propozycję prezydenta @NawrockiKn i żądając podpisania ustawy o szkodliwych pożyczkach z UE, rządzący jedynie udowadniają, że w całym sporze nie chodzi im o bezpieczeństwo.
— Mariusz Błaszczak (@mblaszczak) March 5, 2026
Donald Tusk musiał dostać ultimatum z Komisji Europejskiej, bo SAFE to przecież nic…
09:56
Szłapka Calls on Nawrocki Regarding SAFE:
Zero Concrete Details for Now.
- Safe 0%? For now, zero concrete details. The FINALIZED law on SAFE is on the President's desk - wrote Adam Szłapka on social media.
- And if additional funds are found, Poland will benefit. There is no time to lose, it's time to sign - emphasized the government spokesperson.
Safe 0%? Na ten moment zero konkretów. GOTOWA ustawa o SAFE jest na biurku prezydenta.
— Adam Szłapka (@adamSzlapka) March 5, 2026
A jeśli znajdą się dodatkowe środki - Polska na tym zyska.
Nie ma chwili do stracenia, czas na podpis. #PolskaSAFE
10:40
A New PiS Infographic:
Let's Strengthen the Polish Army Without Risk.
- A strong Polish Army means the security of our state. That is why President Karol Nawrocki's "SAFE 0%" initiative means one thing: strengthening the army without risk and without conditionality. Without relinquishing decisions about Poland's security to others - PiS emphasizes in a tweet, publishing an infographic.
🔔 Silne Wojsko Polskie to bezpieczeństwo naszego państwa. 🇵🇱 Dlatego inicjatywa prezydenta Karola Nawrockiego „SAFE 0%” oznacza jedno: wzmacnianie armii bez ryzyka i bez mechanizmu warunkowości. Bez oddawania decyzji o bezpieczeństwie Polski innym.
— Prawo i Sprawiedliwość (@pisorgpl) March 5, 2026
👉 Udostępnij. pic.twitter.com/I307AooXvO
10:59
Obajtek on fuel prices:
Even TVN is reporting on exorbitant price hikes.
- I won't be surprised if fuel prices go up by 2-3 zł shortly. And I'm not surprised that people are storming petrol stations with such sharp increases. Even TVN is reporting on exorbitant price hikes - Daniel Obajtek wrote on social media.
Nie zdziwię się, jak za chwilę paliwo będzie droższe 2-3 zł. I nie dziwię się, że przy tak gwałtownych podwyżkach ludzie szturmują stacje paliw.
— Daniel Obajtek (@DanielObajtek) March 5, 2026
Nawet TVN-y informują o horrendalnych podwyżkach 👇 pic.twitter.com/sGfepWeIr3
11:06
Kosiniak-Kamysz Calls for Suski's Punishment:
Scandalous Behavior.
- The Polish Army serves all Poles – not parties, politicians, or current electoral interests. The behavior of MP Marek Suski towards a soldier during a ceremony in Radom was scandalous. It was an unprovoked spitting on the Polish uniform. As a minister and MP, I will submit a motion to the parliamentary ethics committee to punish the PiS MP for these disgraceful words - wrote Władysław Kosiniak-Kamysz on social media.
Wojsko Polskie służy wszystkim Polakom – nie partiom, politykom czy bieżącym interesom wyborczym. Zachowanie posła Marka Suskiego wobec żołnierza podczas uroczystości w Radomiu było skandaliczne. To bezpardonowe oplucie polskiego munduru. Jako minister @MON_GOV_PL i poseł złożę…
— Władysław Kosiniak-Kamysz (@KosiniakKamysz) March 5, 2026
11:31
Sikorski on Nawrocki's Proposal:
It Would Be a Speculation on Gold Prices; the European SAFE is Safer.
- The presidential Safe 0% is a proposal to sell or pledge a portion of Poland's gold reserves. If the price of gold is to fall, then it's effectively a pure profit, but if it rises, then the risk of a significant loss - Radosław Sikorski wrote on social media.
- In any case, it would be a speculation on gold prices. The European SAFE is safer - he emphasized.
Prezydencki Safe 0% to propozycja sprzedaży lub zastawienia części polskich rezerw złota.
— Radosław Sikorski 🇵🇱🇪🇺 (@sikorskiradek) March 5, 2026
Jeśli cena złota ma spaść, to faktycznie czysty zysk ale jeśli wzrośnie, to ryzyko dużej straty.
W każdym razie byłaby to spekulacja na cenie złota.
Europejski SAFE jest bezpieczniejszy.
11:46
Kosiniak-Kamysz to Nawrocki Regarding SAFE:
Every Hour and Every Day Matters Immensely.
- We are waiting for the President's decision [regarding the law implementing SAFE]. Here, every hour matters, every day matters immensely. But we are capable of quickly contracting a lot of good equipment from Polish armaments factories. The sooner we order it, the sooner we start paying for it, the sooner it will reach the Polish army - stated Władysław Kosiniak-Kamysz at a press briefing in Krakow.
11:46
Kosiniak-Kamysz on the SAFE 0% Program:
I Am Open to Discussions, to Learn the Details.
- So I am interested in adding another 180 billion to the 180-200 billion from the SAEE program. Therefore, the first decision is to accept SAFE, and the second is to work on the NBP's idea, which we are very open to. I am open to discussions, to learning the details, but these funds for the Polish Army would total around 360 billion, or perhaps even 400 billion, which still wouldn't meet all the army's needs, but it is very significant - stated Władysław Kosiniak-Kamysz at a press briefing in Krakow.
- Thanks to these two programs, we are able to build the strongest army by 2030 - he continued.
11:48
Kosiniak-Kamysz:
I Really Like the NBP Program as a Supplement to SAFE
- It cannot be an alternative. An alternative is a political maneuver. And we want a strong Polish army and a strong Poland. Then it must be a supplement; I really like the NBP program as a supplement to SAFE - stated Władysław Kosiniak-Kamysz at a press briefing in Krakow.
11:54
Kosiniak-Kamysz on Deputy Pentagon Chief's Words Regarding Nuclear Capabilities:
I Saw Headlines That Didn't Capture an Hour-Long Statement.
- I saw headlines, in the press, on the internet, headlines that did not capture Secretary Kolba's hour-long statement [on the development of nuclear capabilities]. He spoke about the individual capabilities of particular states, and American skepticism in this matter is well-known. Limiting the development of individual states' nuclear capabilities has been America's strategy for a long time; this is nothing new - stated Władysław Kosiniak-Kamysz at a press briefing in Krakow.
- But what did he say about increasing NATO's allied deterrence capabilities? He spoke very positively about that. In our actions, we do not think about any nuclear deterrence capabilities other than allied ones. Everything is to be in agreement with NATO headquarters in Brussels - he continued.
12:09
Szefernaker Responds to Wielowieyska:
I Understand the Pain That There Were No Leaks and No Preparation for the Attack.
- Calm down. No need for nerves, Madam Editor. First, a meeting with the Prime Minister and the Minister of National Defence, because, as President Nawrocki indicated, cooperation is needed here - wrote Paweł Szefernaker on social media, responding to Dominika Wielowieyska's tweet.
- I understand the pain that there were no leaks and no preparation for the attack, but the office of President Karol Nawrocki will not be preparing proposals for political actions for Mr. President in response to what opponents, the media, or the current uproar impose. The President will come forward with his own proposals, according to his own principles, at a pace determined by the state's interests - he continued.
Spokojnie. Bez nerwów Pani Redaktor. Najpierw spotkanie z premierem i szefem MON bo, tak jak wskazał Prezydent Nawrocki, potrzebna tu jest współpraca. Rozumiem ból, że nie było przecieków i nie można było się przygotować na atak, ale gabinet prezydenta Karola Nawrockiego nie…
— Paweł Szefernaker 🇵🇱 (@szefernaker) March 5, 2026
13:00
Nawrocki announces B9 summit:
I am holding talks on expanding the format to include Scandinavian countries.
- In May, the Bucharest Nine group summit will take place. We also discussed this with Mr. President. As you know, since his election campaign, and also as President of Poland, I have been holding talks with Scandinavian countries about expanding the B9 format to include Scandinavian countries, to a B12 or B11 format - stated Karol Nawrocki during a press conference with the President of Romania.
- We will strive to send an official invitation to the Scandinavian countries at the summit in Bucharest in May, so that they become part of the Bucharest Nine - he continued.
13:08
Nawrocki on using planes for civilian evacuation:
It took a very long time, but I urged the government to react.
- I receive many reports daily on the situation, on the one hand, in the Persian Gulf region, and on the other hand, as you know, yesterday I signed a decision to use Polish aircraft for the evacuation of civilians from the Persian Gulf. This took a very long time, but I urged the government to react on this matter and I finally signed such a document - stated Karol Nawrocki during a press conference with the President of Romania.
13:12
Nawrocki Comments on Macron's Proposal and Recalls the Treaty of Nancy:
These Maneuvers Look Unserious.
- Frankly, I must say that these types of, often nervous, moves from the President, whom I warmly greet, President Macron, who will cease to be President in a year for objective reasons in France, and on the other hand, such ad hoc references by Prime Minister Tusk at a time when we have the signed Treaty of Nancy, which was worked on for 2 years and contained no such proposals, appear to me, given the stable Polish-American alliance and NATO's actions, all these maneuvers, especially as I have not been informed about them in any specific memo, look completely unserious - stated Karol Nawrocki during a press conference with the President of Romania.
13:20
Nawrocki on the SAFE 0% Program:
Such a meeting will be scheduled today.
- In a concrete, substantive sense – such a meeting will be scheduled today. We have to take into account the calendars of the President, the Prime Minister, and the Deputy Prime Minister, but the next step will be a meeting with Prime Minister Tusk, Deputy Prime Minister Kosiniak-Kamysz, and Governor Glapiński. I have been presented with the entire action plan. I will remind you that in the last 30 months alone, thanks to the work of the National Bank of Poland (NBP), we Poles have earned precisely the sum needed to finance the Polish SAFE 0% program, which is PLN 185 billion - stated Karol Nawrocki during a press conference with the President of Romania.
13:20
Nawrocki:
We Live in a Socially Incited Deep Emotion That It's Either European SAFE or Death. That's Not the Case
- How is it possible that we live in a situation where, without analyzing the financial capabilities of the central institution of the Polish state, i.e., the central bank, whose operations and design, jointly with the President of Poland, give us the opportunity to finance Polish armaments at the level of PLN 185 billion, meaning that the current government does not know about these possibilities and has not made an effort for us to build a 0% SAFE program, and instead is pushing Poles into such a deep emotion of credit from the EU until 2070 - stated Karol Nawrocki during a press conference with the President of Romania.
- This is probably a question for those who raise such doubts, why, without examining the situation and the possibilities of financing this without burdensome and conditional credit from the EU, I will not present all my doubts, because I have already done so yesterday and it is appearing in public opinion, such nervous anticipation for the President's decision regarding the European SAFE - he continued.
- I am missing a certain logic here, because if the Polish state and our national community can propose a stable, safe, practical solution, without conditionality, flexible in terms of building the Polish defense industry and purchases around the world, wherever we want to buy the best equipment for the Polish army, then why has no one proposed this before? And we live in a deep emotion, socially incited, that it's either European SAFE or death. That's not the case, we've seen that - emphasized the President of the Republic of Poland.
13:23
Nawrocki on SAFE:
No one will put pressure on the President regarding when to sign or not sign.
- Regarding the timing and the signing, I have statutory, constitutional time to sign or not sign a law proposed by the parliamentary majority, and no one will put pressure on the President of Poland regarding when I should sign or when I should not sign [the SAFE act] - stated Karol Nawrocki during a press conference with the President of Romania.
13:44
In such uncertain times, common sense dictates one thing: we strengthen Polish defense industry, and what we cannot produce quickly ourselves, we buy from Europe and America. This is exactly how real deterrence is built, wrote Rafał Trzaskowski on social media.
"SAFE offers Poland a unique opportunity to do this smartly and on a large scale:
• invest primarily in our own country, and at the beginning of the program EXCLUSIVELY in our defense industry; in Polish plants, technologies, supply chains, jobs;
• jointly with Europe, build defense capabilities, because a strong EU directly strengthens Poland and the entire alliance; (incidentally, this is what President Donald Trump urged Europeans to do)
• sometimes buy equipment together (e.g., with the French or Swedes) that we do not produce – and at the same time, sell and produce for other allies in Poland. This works both ways"
- And most importantly: good relations with the USA are crucial, but relying solely on one ally for security is simply unwise. Especially when we see that American attention and resources may be engaged in operations outside the alliance. Europe must have real strength – with our participation and our leading role - the Mayor of Warsaw continues.
- Therefore, I do not buy the narrative of an 'alternative' that involves tapping into iron reserves. In difficult times, a responsible steward protects currency stability and savings, not liquidates emergency reserves. Especially when long-term financing instruments with predictable terms are available - he emphasized.
- This is too serious a matter to turn into an ideological quarrel. SAFE is an investment in Polish strength, European deterrence capability, and concrete security guarantees - he concluded.
Kilka słów o SAFE - bo tu chodzi o bezpieczeństwo, nie o polityczne gierki.
— Rafał Trzaskowski (@trzaskowski_) March 5, 2026
W tak niepewnych czasach zdrowy rozsądek mówi jedno: wzmacniamy polski przemysł zbrojeniowy, a to, czego nie jesteśmy w stanie szybko wyprodukować sami, kupujemy w Europie i Ameryce. Dokładnie tak buduje…
13:58
- In reality, a miracle has happened. And I want to draw your attention to this miracle. The NBP has shown a loss for the last 4 years, a total loss of over 80 billion PLN. And suddenly it turned out that the NBP is able to generate 200 billion PLN. This is good news, I wanted to sincerely thank Mr. Glapiński, Mr. President, because frankly, nobody is interested whether this comes from reserves, bonds, or the sale of gold. You informed Poles yesterday that you can potentially help in the amount of 200 billion PLN - stated Włodzimierz Czarzasty at a press briefing.
13:58
Czarzasty’s Proposal for Glapiński:
Security Is Primarily Healthcare.
- I have such a proposal, and I take it very seriously. I am pleased with the NBP’s cooperation with the Polish government, because it cannot be done otherwise. Let’s leave SAFE, SAFE is handled, we have a very good line regarding the financing of Polish armaments; there are also 200 billion PLN in the budget for Polish armaments - stated Włodzimierz Czarzasty at a press briefing.
- I have such a proposal – let’s allocate the 200 billion PLN that the NBP will generate to our security, understood a little differently, to healthcare. Healthcare is the same element of security as purchasing armaments; it is also infrastructure, security is primarily healthcare. Mr. President, coffee does not exclude tea; 200 billion PLN in the budget for armaments, 180 billion PLN from SAFE for armaments, and 200 billion PLN for healthcare - he continued.
15:09
Glapiński on Interest Rate Cut:
A Justified Decision, as Inflation Had Been Falling for Many Months.
- Such a decision [to cut interest rates] was justified, as inflation had been falling for many months and the outlook had clearly improved compared to the November projection. Systematic decrease in inflation and improvement in projections - stated Adam Glapiński at a press conference.
15:11
Glapiński:
Inflation Projected to Remain in Line with NBP Target Until End of 2028
- The projection shows that the return of inflation to a low price level is sustainable, the return of inflation to a low level is sustainable. According to this projection, inflation is expected to remain in line with the NBP's target until the end of 2028 - stated Adam Glapiński at a press conference.
15:23
Tusk Addresses Nawrocki and Glapiński with 3 Demands:
No Time for Games.
- Mr. President, Mr. Governor, there is no time for games. Poland, Polish companies, the employees of these companies, and Polish security are waiting for money from the SAFE program, from the Polish SAFE program, amounting to tens of billions of zlotys. These factories are already working towards this program. People are already designing and producing what will be financed by the SAFE project. This money is on the table. By May, we can design the disbursement of nearly 200 billion zlotys precisely from this project - stated Prime Minister Donald Tusk in a recording published on social media.
- Gentlemen, there is a war going on around us. This situation demands the utmost seriousness and responsibility. There is no room for any political games. Yesterday, I listened to your address with growing astonishment. First and foremost, this offer or idea that the National Bank of Poland would finance an armament program worth tens of billions of zlotys as an alternative to SAFE. Listen, I have here a letter from the President of the National Bank of Poland from December, two months ago, in which he writes that NBP incurred losses in 2024 and 2025. And we are talking about a loss in 2024 exceeding 60 billion zlotys, and by the end of 2025, it approached 100 billion zlotys. We are talking about a loss, and most importantly, the Governor wrote in capital letters - a loss for the NBP in the following years cannot be ruled out - the head of government continued.
- So, what is it? Either there was never any money from the NBP for our government, because there are gigantic losses. And suddenly, after a visit to the President's office, some miraculous possibilities appear. If this is true, we expect very concrete and precise information on this matter, because these are truly serious issues - said the leader of Civic Coalition.
- I have three demands. First - please sign SAFE immediately. Not a single hour can be wasted here. Second demand - precise information about the actual financial capabilities of the NBP and about the project to utilize this money. And third demand - let this Polish gold, because it is not the gold of Messrs. Nawrocki, Glapiński, or Tusk, which is currently scattered across banks in several places around the world, finally return to the country. I count on quick decisions and quick answers - he concluded.
Panowie, nie ma czasu na kombinacje. pic.twitter.com/P19kB7OMTK
— Donald Tusk (@donaldtusk) March 5, 2026
15:31
Glapiński on the Polish SAFE 0%:
I Haven't Presented Any Specifics Yet - For a Simple Reason.
- Actually, I haven't presented anything specific yet, and despite that, a long procession, a large cohort of economists, and particularly politicians and commentators are widely commenting on it. The construction of these statements is more or less that they build some concept, they think about what the bank wants to do, and then they tear it apart. Media function in such a way today that some politicians, not the main ones, feel it necessary to immediately comment, even though nothing is known yet - stated Adam Glapiński at a press conference.
- But this is just the way today's media function; I haven't presented any specifics yet to which one can refer. For a simple reason: first, these concepts must be seen, they must be familiarized with by the government, particularly the Minister of Finance and National Defence, the Deputy Prime Minister, and the President - he continued.
15:36
Glapiński:
We are not aiming to deplete our reserves. We need to have even larger reserves
- We are not aiming to deplete our reserves. We have accumulated these reserves for another purpose, an important state purpose, which is to ensure Poland's stable, secure position as a country that is financially, economically, politically, militarily, etc. stable - stated Adam Glapiński at a press conference.
- We need to have even larger reserves than we currently have, and we have significant ones. As you know, the management board made a decision to accumulate 700 tons of gold, among other things, and that is what we will strive for - he continued.
16:09
Grabiec Responds to Błaszczak:
I Wonder Which Nation He Means?
- And he's at it again: 6% loans for purchasing equipment from Korea are OK, but a 3% loan for purchases from the Polish defense industry is 'against the national interest'. I wonder which nation he means? - wrote Jan Grabiec on social media.
A ten znowu swoje: pożyczki na 6% na zakup sprzętu z Korei są OK, a pożyczka 3% na zakupy z polskiego przemysłu zbrojeniowego są „wbrew interesowi narodowemu”. Ciekawe jaki naród ma na myśli? https://t.co/2T4Nh1ABqO
— Jan Grabiec (@JanGrabiec) March 5, 2026
18:04
Morawiecki Defends Nawrocki and Glapiński’s Proposal:
The Current Prime Minister Really Stretched…
- The current Prime Minister really stretched himself – and made a bit of a fool of himself. Just as you cannot assess the actions of the fire brigade by looking at its financial result, it is an absolute misunderstanding to evaluate the effects of the central bank’s operations through the prism of its financial outcome – Mateusz Morawiecki said in a recording published on social media.
- The National Bank of Poland is supposed to ensure the stability of the zloty, and it is doing so successfully, because inflation is within the target. The independence and sovereignty of the central bank mean that it has the right to unlimited issuance of liquid reserves, which are legal tender, as is known. Therefore, the central bank’s loss is of no great significance – he emphasized.
- I know this sounds a bit strange, but ask any macroeconomist, they will confirm it for you. The markets understand this. At a time when the NBP had a loss, there was no need to pay more for our bonds – he continued.
- This is a short lesson on the balance sheet and income statement of a central bank, so that they in the Chancellery of the Prime Minister can do some additional training. President Nawrocki and NBP Governor have formulated their proposal in the most appropriate way. I thank them for that – the former prime minister concluded.
Tusk - krótka lekcja ekonomii i finansów. Poproś asystentów to zrobią Ci notatkę … 🙄 pic.twitter.com/5axpphga7L
— Mateusz Morawiecki (@MorawieckiM) March 5, 2026
18:37
Domański:
There's No Such Thing as "SAFE 0%"
"If the NBP generates a high profit and transfers it to the budget – that's very good. For now, however, not a single zloty has gone to the budget from this source for three years," Andrzej Domański wrote on the X platform.
"Poland's security cannot depend on one-off operations. There is no such thing as 'SAFE 0%'. A real SAFE, ready to be signed by the President, remains the cheapest and best source of financing for defense investments," emphasized the Minister of Finance and Economy.
Jeśli NBP wypracuje wysoki zysk i przekaże go do budżetu – bardzo dobrze. Na razie jednak od trzech lat z tego tytułu do budżetu nie trafił ani jeden złoty.
— Andrzej Domański (@Domanski_Andrz) March 5, 2026
Bezpieczeństwo 🇵🇱 nie może zależeć od jednorazowych operacji. Nie istnieje coś takiego jak „SAFE 0%”. Prawdziwy, gotowy do…
19:57
Kosiniak-Kamysz:
If We Want the Strongest Army by 2030, There's a Simple Plan – Quickly Approve SAFE
– If we want to have the strongest army by 2030, there is a simple program for that – quickly approve SAFE. A program that is ready, almost 200 billion, projects prepared, the Armament Agency is waiting for negotiations, contract signings, the possibility of implementation, transfer of funds as early as March this year – said Władysław Kosiniak-Kamysz in an interview with Grzegorz Kępka on Polsat News's "Gosc Wydarzen".
19:59
Kosiniak-Kamysz:
I am very interested in SAFE being supplemented with funds from the NBP
- This is number one [SAFE]. And then I am very pleased that there is a proposal emerging, I understand, from the National Bank of Poland, to co-finance armament in Poland to the tune of 185 billion zlotys. This is very much needed for infrastructure development, for further equipment - said Władysław Kosiniak-Kamysz in "Gość Wydarzeń" on Polsat News.
- After all, this SAFE program does not cover all the modernization needs of the Polish Army, nor the maintenance of equipment, because it is not just about purchasing, but maintaining equipment is also extremely important. Therefore, I am very interested in SAFE being supplemented with these funds from the NBP - he stated.
20:05
Kosiniak-Kamysz:
Will NBP Contribute 185 Billion to SAFE? I'm Interested, Show Me the Details
- In the form it was presented ["Polish SAFE 0%"], we learned about it yesterday… As a supplement to SAFE, I actually quite like it, to be honest - said Władysław Kosiniak-Kamysz on Polsat News' "Gość Wydarzeń."
- I would like our program to be quickly accepted, and then supplemented with these funds from the NBP. Then, really… We have a reserve list ready, amounting to several dozen billion zlotys, so we can already… we are ready - he emphasized.
- Please, go ahead. I am open to the military having the largest, most stable financial situation in history. We have ensured the largest budget, we have ensured the European SAFE program. If the NBP adds 185 billion to this – please, be my guest. I am open, interested. Show me the details - indicated the head of the Ministry of National Defence.
20:13
Kosiniak-Kamysz on SAFE:
All Poles Know What Equipment We Will Be Buying. The President Is Informed About Everything.
- This is a question for the author of this idea, not for those who will be expecting specific details and explanations. I expect answers to these questions. These questions [about “SAFE 0%”] are directed at the National Bank of Poland, which should provide answers as quickly as possible, and we expect them to; yes, that is their task - said Władysław Kosiniak-Kamysz on Polsat News’ “Gość Wydarzeń” (Guest of the Events).
- We are ready for cooperation. We are awaiting the approval of the SAFE program, because it is ready, real, true, it is here and now. And we know what is in it. All Poles know what equipment we will be buying. We showed it last week. The President has been informed about everything in this matter since the end of last year. The application has long been with the National Security Bureau - he continued.
- All that remains is to sign the act and conclude agreements for the purchase of equipment - he indicated.
20:21
Kosiniak-Kamysz:
I Don't Believe the Commander-in-Chief Would Forfeit 200 Billion for the Polish Army
- That would be [a veto on the SAFE act] terribly detrimental to our defense capabilities. Because if we have 360, perhaps even 400 billion on the table, and the President says: “No, we won’t take 400, let’s just take 185,” then I consider it to be nonsensical. Completely unacceptable - Władysław Kosiniak-Kamysz stated on Polsat News’s “Gość Wydarzeń.”
- I don’t think the commander-in-chief would forfeit 200 billion for the Polish army. I truly don’t believe it - he asserted.
20:38
- Nobody is pressuring [commanders regarding SAFE], nor is anyone threatening or endangering them in any way. We are very satisfied with the commanders who play truly crucial roles in the Polish army. I am very proud of them - said Władysław Kosiniak-Kamysz on "Gość Wydarzeń" (Guest of Events) on Polsat News.
He was responding to the words of Marek Suski from PiS.
- Truly, never, you can ask them about it, if anyone - including myself - from the current Ministry of National Defence leadership has ever pressured any of the commanders to express their public opinion on this or that matter? Such a situation has never occurred and will not occur. I do not involve soldiers in politics - he emphasized.
- If they see an opportunity for rearming the army and they talk about it, I am not surprised at all - he added.
20:39
Grabiec on the lack of an official invitation:
If it's to be political theater, we don't want to participate.
- We don't have an official invitation. We have this media information for now; agreements on the date have not been settled. However, if it is to be political theater, consisting of, as with this conference, delivering some further generalities aimed at leading the president to veto the SAFE [act/program], then we do not want to participate in this theater - stated Jan Grabiec on TVN24's "Fakty po faktach" (Facts after facts).
- If it were to be a serious conversation about how best to utilize the funds we have obtained, the funds we have secured, the SAFE program, that we convinced the EU of this, that these funds are at our disposal, that Polish arms factories are prepared, that we are building factories for money from this program, that in the coming weeks specific companies will receive contracts for specific amounts for specific orders, that the Polish Army knows what will arrive and when, and moreover, has the certainty that these contractors, because they operate in Poland, will fulfill these obligations, that they will not suddenly find out that due to the war in the gulf or any other corner of the world, they have to wait 5 years longer to fulfill these orders, because we know that these companies will work primarily for us, and not for the global market in general, then this is a priceless situation - he continued.
20:42
Grabiec on signing the SAFE Act:
It would be best this week, in the coming hours.
- I think it would be the right thing for the President to make a statement as soon as possible regarding the signing of the SAFE Act. The Polish army, the Polish defense industry are waiting for this signature. It would be best if it happened this week, in the coming hours - stated Jan Grabiec on TVN24's "Fakty po faktach" (Facts After Facts).
20:55
Kosiniak-Kamysz on the Middle East War:
It Poses a Threat to the Timeliness of American Equipment Deliveries.
– This is a question – and we are also monitoring this – regarding deliveries of American equipment to Poland, or to Europe, more broadly speaking, to our other partners as well. A prolonged conflict [in the Middle East] poses a threat to these deliveries, to the timeliness of these deliveries – said Władysław Kosiniak-Kamysz in “Gość Wydarzeń” on Polsat News.
– For now, we are not observing and we have no information. I want to be very precise, because this is certainly sensitive information, so we have no signals yet – he noted.
– But if this conflict lasts for months, not weeks, not three or four weeks, then the production capacities of American industry are currently insufficient, European industry is insufficient, Polish industry is insufficient. Radical acceleration, shifting into sixth gear, switching to three-shift work – this is a necessity in any arms industry today – he pointed out.
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