CANADA MAY RETAILS -0.8% VS FORECAST -0.6%, PRIOR +0.6%

MNI: Canada June Retails Fall And May Biggest Drop In A Year

MNI China Daily Summary: Friday, July 19

MNI BRIEF: China To Boost Consumer Spending, New Industries

MNI BRIEF: China Enhances Fiscal Response To Boost Economy

MNI BRIEF: China To Promote Migrates' Rights, Reform Hukou System

MNI: BAKER HUGHES US RIG COUNT 586; OIL RIGS 477; GAS RIGS 103

EZ/UK T-Bill Calendar: Germany, France Auction on Monday

EZ/UK T-Bill Calendar: Germany, France Auction on Monday

RPT-MNI: Canada Sticks To Fiscal Anchors, Spends Chunk Of Windfall

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

ECJ Fines Poland 1mil EUR/day over Judiciary Spat

POLAND
  • Finance Minister Tadeusz Koscinski said in a conference yesterday that Poland may reintroduce local lockdowns in order to prevent another 'worse-case' scenario from happening again.
  • As CEE governments have been constantly criticized over the poor management of the Coronavirus pandemic (last winter / spring), leaders will be more 'risk averse' this time to avoid losing popularity.
  • The Court of Justice of the European Union (CJEU or Curia) has issued a ruling that fines the Polish gov't EUR1mn per day that it does not adhere to a previous ruling relating to judicial reforms enacted previously by the gov't in Warsaw.
  • The delay of the 36bn in pandemic aid combined with the potential new Covid restrictions could lead to a significant downward revision in growth expectations, pausing a threat to Polish risky assets.
  • Poland's media regulator wants the country's Constitutional Tribunal to check ownership rules for foreign broadcasters, reopening a rift over the local television unit of U.S.-based Discovery Inc (BBG).
  • At 11.30am (London time), NBP policymaker Lukasz Hardt takes part in panel discussion on inflation. As a reminder, Hardt has been one of the central bank's hawks, pushing the NBP to start a tightening cycle in the past few months to curb the inflationary pressures, which are expected to remain elevated until at least the end of this year.
  • Next important data to watch will be October CPI, coming out on October 29.
BulletEM BulletEmerging Market NewsHomepage
BulletEM BulletEmerging Market NewsHomepage

To read the full story

Close

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.