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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 AccessEUROPEAN FISCAL: DE 2025 Budget Gap Grows; Political Risk Is Rising
Duda Appoints Morawiecki's Short-Lived Cabinet
- President Andrzej Duda formally appointed Prime Minister Mateusz Morawiecki's Cabinet, which is doomed to be voted down within the next two weeks. Onet reported that the line-up of the "expert-political" Cabinet composed mostly of Law and Justice (PiS) backbenchers has been picked by Morawiecki and party leader Jaroslaw Kaczynski alone, with the party's top brass confident that the government-forming mission will fail. Government spokesman Piotr Muller said that Morawiecki will likely deliver his policy speech on December 11, which is the latest possible date, seeking a parliamentary vote of confidence thereafter.
- Today's docket of the lower house of parliament (Sejm) is tightly packed, with lawmakers set to elect the Children's Ombudsman, vote on a bill on public funding for IVF in first reading and debate tweaks to the ban on Sunday shopping. The most time has been allocated to a debate on establishing three investigative commissions to probe the last presidential election, the use of Pegasus spyware against opposition politicians and the cash-for-visas scandal.
- Business Insider suggests that the NBP sees increasing odds that the incoming pro-EU coalition will press charges against Governor Adam Glapinski and is preparing for a "worst-case scenario" of confrontation. That being said, the central bank's top brass reportedly believes that the incoming administration is unlikely to follow through on its campaign pledge to hold Glapinski accountable.
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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.