Krzysztof Bosak strongly criticized the ‘SAFE zero percent’ proposal by Karol Nawrocki and NBP head Adam Glapiński on March 16, calling it a ‘dead idea’.
Bosak on ‘SAFE Zero Percent’: Creating a New Financial Architecture
Krzysztof Bosak stated on March 16 on RMF FM that the ‘Polish SAFE zero percent’ concept by Karol Nawrocki and NBP head Adam Glapiński is a ‘dead idea.’ He added if the government is not interested, there is nothing to debate.
Bosak emphasized uncertainty about financing sources. The bill vaguely states it would come from NBP profits, which typically go to the budget. Under this law, profits would go to a separate fund controlled by presidential appointees, creating a new financial architecture and dispersing decision-making.
Conditionality in the EU’s SAFE Program
Krzysztof Bosak criticized the EU’s SAFE program, citing significant political risks from the conditionality principle and undefined criteria for its application.
The government’s plenipotentiary for SAFE, Magdalena Sobkowiak-Czarnecka, addressed the conditionality issue on February 15. She stated that SAFE is not KPO; conditionality applies to all EU funds to protect against corruption and misuse.
Rules of the SAFE and ‘Polish SAFE Zero Percent’ Programs
Under SAFE (Security Action for Europe), 19 EU countries will receive €150 billion for defense investments, with Poland as the top beneficiary at nearly €44 billion. Support will be via 3% repaid loans until 2070.
In contrast, the ‘Polish SAFE zero percent’ is to be financed by the NBP, with no interest per Glapiński. Nawrocki has submitted a bill to the Sejm for the Polish Fund for Defense Investments.
