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PiS Ad Levy Likely to Fail; Banks Approach Shareholders on FX Loan Fix

POLAND

LOCAL NEWS

  • Polish lenders have made preliminary plans to ask shareholders to vote on FX-loan settlements before the Supreme Court issues key ruling in the matter on March 25
  • PiS junior ally Porozumienie is down to 12 MPs following the fresh removal of 8 rebellious MPs, but that's still enough to block any legislative initiative by PiS unless some opposition MPs decide to support it
  • Majority of Poles (62%) expressed their support for last week's protest against the proposed media levy.
    • PiS is bound to fail with its ad levy project given its rejection by the majority of junior coalitionist Porozumienie and the entire opposition
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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