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Duda Says Poland May Keep Donating Older Weapons To Ukraine, Moody's Rating Review On Tap

POLAND
  • President Andrzej Duda said that he was "disappointed" with latest comments from his Ukrainian counterpart Volodymyr Zelensky and would like to discuss recent tensions in person. He dismissed press reports suggesting that the two leaders met with Lithuanian President Gitanas Nauseda on the sidelines of the UN General Assembly in New York as it turns out that Nauseda spoke with each leader separately. He added that Prime Minister Mateusz Morawiecki's comments about the delivery of weapons to Ukraine were misinterpreted and they referred to the orders of new systems which will be used to modernise the Polish army and will not be transferred to Kyiv. He signalled that old, post-Soviet arms will be gradually phased out in the process and might be donated to Ukraine.
  • Asked about the upcoming elections, Duda suggested that he will likely ask the leader of the largest party to try and form government, as opposed to someone who could muster a majority coalition. When pressed further, he refused to discuss the details. The constitution gives the President a free hand in designating the Prime Minister, but the new head of government must then survive a confidence vote in parliament. In case of a rejection, parliament picks up the baton in nominating the Prime Minister.
  • Moody's is due to review Poland's sovereign rating after hours today. Any changes to the rating or outlook are unlikely, but the accompanying rhetoric will be scrutinised after the adoption of an expansionary 2024 fiscal plan.
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