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Legislative Work On Milestones Continues, Mortgage Holiday Chatter Eyed

POLAND
  • EU Minister Szymon Szynkowski vel Sek told TVN24 that the Senate can propose technical amendments to the debated court bill, but if they change the "essence" of the proposed legislation, he will recommend that the Sejm rejects them. Meanwhile, the lower house resumes work on the wind farm bill today. Both are needed to unlock EU recovery funds.
  • Speculation that the government could extend mortgage payment holidays through end-2024 sent Polish banking stocks lower Wednesday, even as they trimmed losses as government spokesman played down his initial confirmation that the decision will be taken by mid-2023.
  • There is little of note on the local economic docket through the remainder of this week.
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