"This completely changes the dynamics between the bank and the government in the dispute over what to do with the central bank's profits," said an emerging markets analyst at a foreign institution, who asked not to be named.March 25th/2010
In the long term, the replacement of Skrzypek (who died in the crash) is likely to ease a tense relationship between the central bank and the government, and between the central bank governor and other members of the Monetary Policy Council.
In particular, Skrzypek's replacement may end a conflict over the government's demand that the central bank hand over as much as 8 billion zlotys ($2.8 billion) in last year's earnings to the state coffers to help cover the budget deficit.
Initially, the bank said it was not sure whether there would be any profit at all. Later, president Sławomir Skrzypek said there would be, but not more than zł.4 billion.
The RPP is accusing NBP managers of trying to get away with paying as little as possible into the budget.
This bitter public row saw the majority of the council set against the bank governor
The dispute split along the lines of who, had been appointed by whom to the Council.
Six members including Andrzej Bratkowski, Elzbieta Chojna-Duch, Jerzy Hausner, Andrzej Rzonca, Jan Winiecki and Anna Zielinska-Glebocka -- were appointed with the support of Prime Minister Donald Tusk (now empowered)
Slawomir Skrzypek (deceased bank governor) and three others Kazmierczak, Zyta Gilowska and Adam Glapinski were appointed by Lech Kaczynski (deceased President)
Make of it what you will!