Poland’s possible exit from the EU was one of the topics of the “facts after facts” program on TVN24. Professor Mark Blacka addressed the matter. – It is a big lie to compare the situation in our country to the situation, for example, in Germany – he estimated. He also referred to high inflation. This figure was 5.9 percent in September.
Professor Mark Belka, former prime minister and former president of the National Bank of Poland, now a member of TVN24’s “Fakty po Faktach”, was asked about the situation around pro-union demonstrations following a ruling by the opposition opposition court. And some public opinion referred to the introduction to Poland’s exit from the EU. Government representatives and PiS politicians deny the Paul City vision. They reiterate that similar rulings have been given by courts in other EU countries.
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– First of all, it is one big lie to compare the situation in our country to the situation, for example, in Germany – he remarked. – The German Constitutional Court in Karlsruhe had doubts as to whether a particular activity of the European Central Bank did not deviate from the EU Functioning Agreement. In his ruling he stressed several times that European law has priority over national law. Eventually the matter was clarified – he mentioned.
Belka went on to say that “it can be said that this is such propaganda that the government sent to society, that we cannot be discriminated against, that other countries (say – editors) are also one big lie.”
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– Our situation is completely different. No one else, including the government, has questioned the legality of the EU treaty and its compliance with the constitution – he ruled. He said the situation was “an atomic bomb dropped on the EU legal system”. – This is related to possible and very serious consequences for Poland – noted.
A fund on inflation. “It has become a spiral of prices and wages, which will be very difficult to stop”
Black is also asked about high inflation. – Of course I’m worried. First, because (inflation – editor) is already very high – he admitted. “There are no positive effects on inflation, even two, three, four percent, but even when inflation is two percent, it is impossible to talk about huge losses and damages,” he said. – Such a small inflation will not disrupt economic life – noted.
– But it is already six percent, and we seem to be approaching the upper regions of single-digit inflation, and then we face huge negative effects, especially on investment activity – he said.
On Friday, the Central Bureau of Statistics announced that prices of consumer goods and services in September rose 5.9 percent year-on-year.
Inflation in Poland was the highest in 20 years. Check what and how much has become more expensive
The former NBP president also said he feared that inflation in Poland “is no longer in the nature of cost inflation”, which “does not depend on the actions of the National Bank of Poland”. – It has already become a process, a spiral of prices and wages, that will be very difficult to stop. It will be possible to stop only with harsh measures of monetary policy, but also of budgetary policy – he explained.
– Here you can not just burden the NBP the obligation to go down with inflation to lower levels. The Polish government will have to cooperate in this regard as well, he stressed.
Main image source: TVN24