Free Trial

Ratification Process For EU Stimulus Plan Will Very Likely Start In Early May

POLAND
  • Prime Minister Mateusz Morawiecki said today that the ratification process for EU stimulus plan will very likely start in early May.
  • PM Morawiecki is 'not particularly worried' about Poland's ability to eventually pass the bill despite disagreements among Polish gvt. officials according to Bloomberg.
  • Poland is part of the 10 countries that have yet to approve the EU recovery fund (which needs all EU members to sign off to become fully operational).
  • Three main risks for PLN in the near term:
    • 1. The pandemic
    • 2. Delays on the ratification of the EU 750bn EUR plan
    • 3. FX loans case

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.