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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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Free AccessConflicting Windfall Tax Details Drive Uncertainty
- The government are to proceed with plans to abolish the obligatory exchange trade across Polish power markets, in a move that should make power trading more efficient and free up the ability of power companies to price their products responsively.
- Details and specifics surrounding the windfall tax measure remain few and far between (and a considerable source of uncertainty for Polish equity markets). Yesterday, a PM aide stated the plans were in the “consultation phase” and “it’s not clear what direction it’s going to go”.
- Discussions on the tax are set to continue today, with divisions among lawmakers concerning some fuel firms that could avoid any tax levy by redirecting profits to investments, according to Parkiet. In the interim, Morawiecki has temporarily stopped the idea, according to DGP Daily.
- PAP reports there is little chance that the PM Morawiecki will lose his job anytime soon, despite continued criticism both inside and outside of government for their handling of the energy crisis.
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.