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MNI China Daily Summary: Friday, September 15

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Parliament To Vote On No Confidence Motion Against Justice Minister

POLAND
  • A parliamentary committee was locked in a heated session Monday night as members discussed a motion of no confidence against Justice Minister Ziobro, who doubles as leader of Solidarna Polska, a junior partner in the ruling coalition. The committee recommended rejecting the motion, which will now be tabled at the plenary session, with the sponsors accusing Ziobro of contributing to the suspension of EU funds earmarked for Poland through his controversial reforms of the judiciary. The lower house is expected to debate the motion from 2000CET/1900GMT, which will be followed by a plenary vote at night. During Monday's meeting of ruling Law and Justice caucus, party leader Kaczynski told his MPs that they must defend Ziobro.
  • The parliamentary session beginning today is also expected to see the tabling of critical legislation needed to achieve the milestones for unblocking suspended EU funds. According to Rzeczpospolita, the ruling party took the decision to complete the targets set by the European Commission.
  • NBP's Kochalski told Biznes24 that CPI inflation should decelerate significantly from 2Q2023, adding that the current level of interest rates is "adequate," as he argued that the data is showing the effects of earlier rate hikes. He noted that "rate cuts are on the horizon, but this is not a topic that should be the main focus because we still have high inflation."
  • An EU source told PAP newswire that Poland vetoed the adoption of a 15% minimum tax rate for the largest companies by the bloc. The report suggests that Poland's opposition is related to technical matters, which will be debated further in the coming days.
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