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FinMin Warns of Risks To Banks; Pension Draft Bill in the Works

POLAND

LOCAL NEWS

  • Glapinski statement on economic outlook for 2021 1500GMT, following minutes of the recent NBP meeting at 1300GMT
  • FinMin sees risks to Polish banks from 0/-ve rates, says countries should focus on using fiscal policy to boost economies because monetary policy is reaching its natural limit.
    • Cites risks to withdrawal of savings from banks - PAP
  • Vaccinations exceed 400k (1% of population) as of yesterday.
    • Plans to vaccinate more than 330,000 people next week compared with over 250,000 in current week - bbg
  • Poland working on a draft bill on transborder European pension accounts (OIPE), currently analysing remarks submitted during various consultations.
    • Expected to be accessible by 2022 - Puls Biznesu
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com

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