US EditionWho Benefits, Who Loses? What's Worth Knowing About Safe?
5 Articles
5 Articles
The government argues that SAFE funds are crucial for military modernization and national security. The opposition criticizes the program's principles, while the president and the head of the central bank present their own proposals for military financing. Who stands to benefit from the EU SAFE, who stands to lose from a potential veto, and is a "zero percent" interest rate possible for the National Bank of Poland's (NBP) gold plan? We explain.
The president's "SAFE 0%" project is changing the way we look at the EU program. An alternative to financing defense and modernization needs is emerging. (...) In my opinion, the president is pointing to an alternative: vetoing the EU proposal, but we'll see what the decision is," Krzysztof Tuduj from the Confederation tells DoRzeczy.pl.
The Polish army needs money, so the most important thing is that it reaches the Polish defense industry, said presidential advisor Leszek Skiba on the program "Gość Wydarzeń." He assured that Karol Nawrocki's SAFE 0% project is an ideal opportunity to utilize the growing reserves of Polish gold.
Politicians from the ruling coalition are pressuring President Karol Nawrocki to sign a bill allowing Poland to take out an EU SAFE loan for military support. Radosław Sikorski, Minister of Foreign Affairs and Deputy Prime Minister, presented an absurd idea in his latest X post, intended to attack the head of state.
Is the president's proposal to finance military modernization a real alternative to the European "safe" or merely a political smokescreen? In the podcast "Rzecz w tym," Krzysztof Adam Kowalczyk examines the proposal to establish a Polish Defense Investment Fund, its sources of financing, and the potential consequences for public finances.
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