MNI BRIEF: BOJ Tankan To Show Slipping Sentiment

MNI: PBOC Net Drains CNY288.1 Bln via OMO Friday

MNI: PBOC Sets Yuan Parity Lower At 7.1848 Fri; -1.64% Y/Y

BRIEF: EU-Mercosur Deal In Final Negotiations - EC

MNI China Daily Summary: Thursday, Dec 5

MNI BRIEF: China Construction Output Slows In November

MNI: GERMANY OCT IND PROD -1% M/M

US EIA:NAT GAS STORAGE -30 BCF TO 3,937 BCF NOV 29 WK

MNI: CANADIAN OCT TRADE BALANCE CAD -0.9 BILLION

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

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

Motion for EU Payments Would be December at the Earliest

POLAND
  • A front page piece from Rzeczpospolita writes that Poland will, at the earliest, only be able to file a motion for EU recovery fund payments in early December as milestone agreements with the European Commission have yet to be finalised. Outstanding issues mainly revolve around how milestones will be verified, with the government sticking to the line that it is only “technical issues” that are outstanding.
  • On EU funds, DGP daily report that the government could look for a partial reset in EU relations in the latest attempt to secure EU funding. The government could propose a “legislative initiative” on the judiciary, according to a source, but Poland would need assurances from the EC first.
  • Late yesterday, Bloomberg cited PM Morawiecki in reporting on a plan for Poland to reach out to foreign sovereign wealth funds and central banks to secure financing and reduce borrowing needs domestically. Morawiecki said “we’re witnessing enormous turbulence on the financial market, so we’re doing everything to reduce government borrowing needs”.
  • The cabinet could discuss plans to freeze natgas tariffs next week, according to PAP. The measures would cover households as well as sensitive industries including hospitals and schools, according to climate minister Moskwa.
  • The government are to delay the previous end-2022 deadline for the spin off of coal-fired units from public utilities, with a new target of end-March 2023, according to the deputy PM. Sasin stated that the State Treasury has preliminarily agreed to take over part of the debts, but final deals are yet to be agreed.
EM BulletHomepagemarkets-real-timeBulletEmerging Market News
EM BulletHomepagemarkets-real-timeBulletEmerging Market News

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.