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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.
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Presidential Consultations On Gov't Formation Resume, NBP's Kotecki Speaks
- President Andrzej Duda will resume talks with parties which will be represented in the next parliament. He will meet with the delegations of the Third Way, the Left and the Confederation, before commenting on the marathon of consultations. The newly installed chief of Duda's staff Marcin Mastalerek said that the President has not yet decided whom he will ask to form government, while the ruling Law and Justice (PiS) party's spokesman noted that the head of state made no commitments during yesterday's talks. Some have speculated that Mastalerek's appointment for a senior position in the Presidential Palace, which came just an hour before Duda's meeting with the Law and Justice delegation, was conspicuous. The official is conflicted with ruling party leader Jaroslaw Kaczynski, who skipped yesterday's consultations, with Prime Minister Mateusz Morawiecki leading the PiS delegation. Meanwhile, Onet reported that the President's meeting with the delegation of the main opposition Civic Coalition (KO) was "surprisingly nice", with sources noting that Duda realises that Tusk will inevitably become the next Prime Minister. The news outlet learned that the Presidential Palace "signalled" to the ruling party that asking Tusk to form government is on the cards, should the opposition accept the rules of future cohabitation outlined by the head of state and agree to respect his key role in several areas.
- Donald Tusk has departed for Brussels, where he will meet with European Commission President Ursula von der Leyen and European Parliament President Roberta Metsola to discuss the conditions for unfreezing Poland's share of EU recovery funds. Rzeczpospolita reports that unfreezing the funds will become much more complicated if Poland fails to submit an amended application by November 21, which may require finalising government formation by that date.
- MPC's' Ludwik Kotecki will speak at an event in Jachranka at 11:00BST/12:00CEST. Kotecki belongs to a hawkish minority in the rate-setting panel. Press reports suggested that he might be on the list of candidates for the next Finance Minister, but his current occupation makes this candidacy unlikely, while latest reports suggested that Donald Tusk may prefer to ask his former Finance Minister Mateusz Szczurek to take up the role again.
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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.