MNI China Daily Summary: Thursday, April 22

MNI BRIEF: China To Quicken Resolving Local Debt Risks

RPT-MNI INTERVIEW: ECB's Wunsch Sees At Least Two Cuts By Dec

MNI BRIEF: Brazil CenBank Faces Greater Uncertainty - Campos

MNI: PBOC Conducts CNY2 Bln Via OMO Mon; Liquidity Unchanged

CHINA PBOC INJECTS CNY2 BILLION VIA 7-DAY REVERSE REPOS MON

EZ/UK Bond Supply Calendar: EU, FI Synds; IT, DE Auctions Tues

MNI: CANADA MAR INDUSTRIAL PRICES +0.8% MOM; EX-ENERGY +0.8%

NBH Data Watch

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

MNI BRIEF: Poilievre Calls QE 'Scam' And Would Limit BOC Remit

MNI: Growth Drag From Net Zero Carbon Goal Can Be Offset-OECD

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Opposition To Abstain On Parl't Votes Until Election-RTRS

GREECE

Reuters reporting that the main opposition left-wing Syriza party will abstain on all votes in parliament until the next legislative election takes place (between Apr-July 2023). According to Syriza leader and former PM Alexis Tsipras, this is in protest over incumbent PM Kyriakos Mitsotakis' gov'ts actions in relation to a phone tapping scandal that has dominated the Greek political agenda in recent months.

  • Last week the opposition failed to remove Mitsotakis in a confidence vote, spurring Tsipras to state that "From now on we will abstain from any vote in parliament," while calling on trade unions to take action to force an election.
  • Mitsotakis' centre-right New Democracy retains a majority in parliament, meaning Syriza's abstentions will not affect the passage of legislation. The centre-left PASOK, which could prove the kingmaker post-election, has called the Syriza stance 'irresponsible'.
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