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Energy Policy Discussion Postponed, Retail Sales Data Up Today

POLAND
  • Business Insider reports that a discussion on an update to Poland's energy policy through 2040 has been taken off the Cabinet's agenda for Tuesday as a conflict emerged between ruling coalition partners. Justice Minister Zbigniew Ziobro's Solidarna Polska reportedly insists on a greater reliance on coal and pushes for building a new mine in Zloczew.
  • The Constitutional Tribunal remains deadlocked as Chief Justice Julia Przylebska yet again postponed a meeting to verify the constitutionality of EU treaties which provide legal grounds for imposing financial sanctions on Poland by the European Commission.
  • Polish retail sales data for February will hit the wires at 09:00GMT/10:00CET. Consensus looks for a 1.5% Y/Y decline in real retail sales as inflation remains elevated. At the same time, we will get the latest construction output data.
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