Poland’s finance minister has dismissed as “a mirage” the president’s plan to sell central bank gold reserves to fund the military instead of tapping cheap EU loans intended for the same purpose.
Andrzej Domański said Warsaw would seek to access the EU’s €150bn Security Action for Europe defence fund despite a presidential veto even if it meant reduced “flexibility” in using the loans for non-military investment.
He pushed back against suggestions by President Karol Nawrocki and central bank governor Adam Glapiński to use the proceeds of gold sales as an alternative way to finance military expenditure.
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