SAFE program. Nawrocki and Glapiński surprise with their proposal. “Poland can afford it”

On Wednesday, March 4, President Karol Nawrocki, together with the President of the National Bank of Poland, presented an alternative solution to the SAFE program. Will they convince the Prime Minister to do so?

Karol Nawrocki has still not declared what decision he will make regarding the EU SAFE arms financing program. The PiS camp is against it, calling this loan “German”, but the president himself is delaying taking a clear position. Together with the president of the NBP, Adam Glapiński, he proposed a different idea.

A Polish alternative to the EU SAFE? Nawrocki surprises

– I will surprise you here, because we did not meet today for me to declare what the final decision on SAFE will be. This decision will come, he told journalists.

– We met on a completely different matter. I am very glad that Professor Adam Glapiński, President of the National Bank of Poland, is with me, because today we met to find a beneficial, sovereign, safe, good and effective alternative to SAFE – argued Nawrocki.

As journalists learned from him, the idea is to use the profits earned by the National Bank of Poland and release gold reserves. He emphasized that our central bank has adequate funds for the needs of the Polish army.

– Well, ladies and gentlemen, thanks to the work of the president and the effectiveness of the activities of Professor Glapiński and the entire Management Board of the National Bank of Poland, Poles can say that in the last 30 months, thanks to this work, they have earned much more than the PLN 185 billion needed to finance Polish security in the next 5 years – said the president.

– However, I would like to point out that we have a specific Polish, safe and sovereign alternative for SAFE, which will not involve any financial interest. So it’s SAFE 0 percent. This was, of course, helped by investments, but also by the purchase and accumulation of Polish gold by the National Bank of Poland, he added.

What is Polish SAFE 0 percent? would it be better than the EU one?

Nawrocki emphasized that “Polski SAFE 0 percent”. has an undeniable advantage over its EU counterpart. It makes the financing of our army independent from the European Union, while allowing us to freely choose equipment suppliers from outside our continent: e.g. from the USA or South Korea.

Speaking about the debt related to SAFE, Nawrocki appealed to the listeners’ imagination. – I would like to remind you that when the SAFE program ends, i.e. in 2070, the Prime Minister of the Republic of Poland, Donald Tusk, will be – as long as he lives – and this is what I wish the Prime Minister – 110 years old. The President of the Republic of Poland will be 87 years old, and the SAFE loan will be repaid by those who are 10, 11, 12, 13 years old today – he pointed out.

– I hope that the government will accept this proposal in search of an alternative to the European SAFE program, which is burdened with conditionality and some social emotions, but with specific loan interest rates. Today, the President and the National Bank of Poland are ready to launch such a program within the mechanisms operating in the Republic of Poland, he concluded.

Adam Glapiński also confirmed his readiness to cooperate. – We are ready to cooperate with the government and the president – ​​he said. – Our currency reserves are the reserves of all Poles. These are Poland’s reserves placed under the management of the National Bank of Poland, Glapiński noted.

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