Poland’s Morawiecki on Zloty, Russia Gas Pipeline

The transcript discusses the strength of the Polish currency, highlighting its benefits for the economy and export industry. It then shifts to the Nord Stream 2 project, emphasizing the political and geopolitical threats it poses, particularly to Ukraine and the EU. The discussion includes the potential consequences for Germany and Poland if the project is halted, and the need for strong sanctions against Russia following recent events involving Mr. Navalny.

What is the current stance of the Polish Central Bank regarding currency interventions?

• They intervene only when the currency strengthens excessively.

• They frequently intervene to stabilize the currency.

• They do not intervene unless there are unexpected developments.

• They always maintain a weak currency to boost exports.

Why is the Polish government opposed to the Nord Stream 2 project?

• It believes the project will strengthen the EU's energy independence.

• It supports the project but wants more involvement.

• It wants to increase its own gas exports to Germany.

• It sees the project as a geopolitical threat and a political project.

What recent events have increased pressure on Germany regarding the Nord Stream 2 project?

• Increased gas prices in Europe.

• Economic sanctions from the EU.

• Developments in Belarus and the Navalny case.

• A new trade agreement with Russia.

How might the Nord Stream 2 project affect Ukraine?

• It will make Ukraine a major gas supplier to Europe.

• It will strengthen Ukraine's energy independence.

• It will increase Ukraine's transit fees.

• It will cut off Ukraine from transit fees and capacities.

What is a potential consequence of the Nord Stream 2 project for Eastern Europe?

• Increased energy independence from Russia.

• A decrease in gas prices for Eastern Europe.

• Greater Russian military influence in the region.

• Stronger economic ties with Western Europe.