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Reparations Request Seen as Part of Broader Campaign to Attain EU funds

POLAND
  • Following the signing of a diplomatic note requesting war reparations from Germany yesterday, Rzeczpospolita write that the move is part of a larger political campaign to be able to blame Germany and the EU if they block EU funds as a pushback against a reparations request.
  • DGP write today that the economy could receive a marked boost in the reconstruction efforts for Ukraine, with the Polish economy seeing as much as PLN 190bln in potential participation.
  • No material data releases due Tuesday, with focus on tomorrow’s NBP decision, at which the bank are expected to raise rates by a further 25bps.

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