Marek Belka Quotes
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Poland is one of the few countries that can afford to conduct a conventional monetary policy and that means we have to act against the buildup of imbalances in the economy.
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We're in a tightening cycle and the reason is the economy is growing, there's no expectation that the global economy and the Polish economy as a consequence could slow down dramatically.
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The Holocaust committed by the Nazis turned this country, where most of the European Jews used to live and where their culture used to flourish, into a massive grave. This is why initiatives to revive Jewish culture in Poland is so important.
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Our rate moves will have an impact on the economy in 2013. Whether we raise or lower rates depends on how the economic situation develops.
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We take our international responsibilities very seriously and will not withdraw our troops from Iraq... Otherwise, the victims of terror in Madrid will have died in vain.
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I still have five years to the end of my term. There are many candidates. There'll be a problem if it's supposed to be a European or someone from the emerging countries, the so-called BRICS. This will be decided, but please don't think Poland has anything to say about it.
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And in the last sentence I would like also to mention that Poland is one of the countries with which the United States has run strategic dialogues since last year.
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I would not go so far as to say that we are completely changing our outlook.
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As far as the international issues are concerned, the most important thing is the state of the transatlantic relationships, Euro-Atlantic relationships: how to develop them and how to strengthen them further.
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We continue to be vigilant.
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It's not about the pace, it's about the direction we've set. The pace is of course a function of many factors, including the magnitude of the supply shock. But what's probably more important is the probability of the supply shock translating into sustainable embedded inflation.
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No matter who becomes chancellor, Poland and Germany will remain neighbours, strategic partners, not only within the European Union, but also world partners, and I don't believe anything could change in our relations.
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Should that worse scenario materialize, then most probably our propensity to increase interest rates will be weaker.
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With the sugar market hysteria, the people are obviously worried and expect higher inflation. When this hysteria subsides, which we're probably observing, then I hope that people will also get less worried about the future of inflation.