Analysis
Information Sovereignty
Domestic and Foreign Interference? Poland Plans to Prevent Hostile TV Takeovers After Romanian Elections – QUICK TAKE
12 December 2024
15 December 2023
The Polish democratic alliance won the October elections on a promise to restore the independence of politically captured state institutions, including the National Bank of Poland, whose governor is mounting an international campaign to avert a probe into his conduct.
For two decades since the collapse of communism in 1990, the National Bank of Poland had built a reputation for professionalism and independence, which anchored economic stability and the trust of domestic and foreign investors. That changed in 2016 when the bank became a spoil of victory in an authoritarian revolution staged by the Law and Justice (PiS) upon winning both the presidential and parliamentary elections the year before.
Restoring the bank’s credibility and independence was a key promise of newly appointed Prime Minister Donald Tusk, who now weighs how to go about this task in a way that will guarantee due process and adherence to democratic accountability norms.
PiS leader Jarosław Kaczyński has never been fond of curbs on political power by the independent judiciary as well as other institutions that form checks and balances of a modern democratic state.