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Sejm Moves On To Budget Vote After Personal Decisions

POLAND
  • Latest source reports suggest that tensions between President Andrzej Duda and the new ruling coalition are unlikely to moderate. Superexpress reported that Justice Minister Adam Bodnar decided to ignore the President's call to release convicted lawmakers Mariusz Kaminski and Maciej Wasik from prison before the procedure of pardoning them is completed. Meanwhile, WP.pl reported that Duda will likely refer the budget bill to the Constitutional Tribunal. The law does not specify what happens if the Tribunal strikes down the budget bill, but the ruling coalition maintains that it would not trigger a snap election (as would be the case if the fiscal plan was not passed on time). The Sejm will vote on the budget bill later today.
  • The Left's motion to remove far-right Confederation's Krzysztof Bosak from the Deputy Speaker position failed as Law and Justice (PiS) lawmakers refrained from voting, as rank-and-file MPs reportedly forced a reversal of the initial voting instructions, while Civic Coalition (KO) lawmakers abstained. The sponsors of the motion argued that Bosak failed to take adequate measures towards anti-Semitic actions of his colleague Grzegorz Braun. The Sejm then voted to waive Braun's parliamentary immunity, paving the way for a criminal case against him.
  • Business Insider reports that the NBP is expected to declare a financial loss of PLN27bn for 2023 due to PLN appreciation. Furthermore, the central bank's baseline scenario assumes a loss of PLN4.4bn at the end of 2024.
  • Poland's January consumer confidence will be out at 09:00GMT/10:00CET.
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