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POLAND: Markets Closed For Public Holiday

POLAND
  • National Security Bureau head Jacek Siewiera said that Poland has around three years to prepare for a potential attack by Russia. He added that the long-term aim is to boost the army reserve in order to secure access to a 300,000-strong army if needed, which may be achieved within a decade.
  • PM Donald Tusk wrote on X that Poland's seasonally adjusted GDP growth in Q2 was the highest in Europe (+4.0% Y/Y). This came after earlier this week he called on NBP Governor Glapinski to reconsider his restrictive monetary policy if he wants Poland's growth to reach satisfactory pace.
  • Poland observes a public holiday today.

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