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PM Morawiecki Wants To Include Sberbank, Gazprombank in EU Sanctions

POLAND
  • Polish Border Guard said that 575K people have crossed from Ukraine since the start of the conflict on February 24.
  • PM Mateusz Morawiecki said in a tweet that leaving out Sberbank and Gazprombank from EU sanctions due to energy supply transactions is “unacceptable” (BBG).
  • Yesterday, PM Morawiecki mentioned in a news conference that Poland stands ready to ban Russian coal if it gets EU backing.
  • Poland 2Y10Y yield curve has been flattening sharply in recent weeks, pricing in a significant slowdown in the economic activity in the coming months.

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