CANADA TO PUBLISH FISCAL UPDATE ON DEC. 16

MNI BRIEF: Inflation Expectations Tick Higher - NY Fed

MNI BRIEF: China Passenger Car Sales Up In November Y/Y

MNI BRIEF: Mexico Inflation Down To 4.55% In November

MNI China Daily Summary: Monday, December 9

MNI BRIEF: China To Strengthen Policy Easing In 2025: Poliburo

MNI:US OCT WHOLESALE INV 0.2%; SALES -0.1%

EZ/UK Bond Supply Calendar: Austria, UK Auction on Tuesday

MNI BRIEF: China Nov CPI Slows To 5-Month Low Of 0.2% Y/Y

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

President To Announce Next Steps In Gov't Formation, Coalition Pact Expected This Week

POLAND
  • President Andrzej Duda has made a "final decision" regarding the first step of the government formation process, according to his chief aide Marcin Mastalerek, and will announce it in a special address to the nation at 19:00GMT/20:00CET. The President has been facing conflicting pressures from the ruling Law and Justice (PiS) party and a three-party pro-EU coalition (CIvic Coalition, Third Way, New Left), after both told him that they can form government, even as it is the pro-EU camp which will have 248 lawmakers in the 460-seat lower house. The ball is in the President's court as he now needs to pick his candidate for a Prime Minister. The two candidates informally presented to the head of state by the rival political camps are Mateusz Morawiecki and Donald Tusk, but Duda's options are not limited to these two names.
  • Coalition talks between the Civic Coalition, Third Way and New Left are on the final stretch, with Rzeczpospolita suggesting that two key documents (the Cabinet line-up and a joint policy agenda) could be unveiled on Thursday, days before the first meeting of new parliament scheduled for November 13. Sources told DGP that the coalition pact may include a commitment to raise wages in the public sector and extend the existing energy price subsidies. It now seems that Third Way's Wladyslaw Kosiniak-Kamysz and New Left's Krzysztof Gawkowski could become Deputy Prime Ministers, taking on the Defence and Digital Affairs portfolios respectively. Civic Coalition's Donald Tusk will speak from 17:00GMT/18:00CET and may discuss the ongoing coalition talks, albeit is not expected to unveil all the details yet.
  • The NBP begins its monetary policy meeting on Tuesday and will wrap it up Wednesday, with the usual press conference expected on Thursday. The central bank delivered a cumulative 100bp worth of rate cuts at the previous two meetings.
Political Risk BulletEM BulletHomepageBulletPolitical RiskEmerging Market News

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.