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Supreme Court Guidance on CHF-Loans Supports Borrowers

POLAND
  • Poland’s Supreme Court offered guidance on how local courts should resolve lawsuits regarding foreign-currency mortgages - made mostly in Swiss francs - that’s mostly in line with current practice and seen as beneficial for borrowers, Bloomberg report.
  • The government has announced new regulations to mitigate the impact of adverse market conditions on farmers following a series of protests, the Warsaw Business Journal report. Jan Grabiec, the head of the prime minister's office, admitted that while the measures are designed to provide support, protests may continue. The regulation aims to ensure that excess grain from warehouses is exported before the harvest season. Meanwhile, farmers who sold grain at low prices will receive compensation.
  • There are no local data releases scheduled for today, April CPI data will cross next Tuesday.
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  • Poland’s Supreme Court offered guidance on how local courts should resolve lawsuits regarding foreign-currency mortgages - made mostly in Swiss francs - that’s mostly in line with current practice and seen as beneficial for borrowers, Bloomberg report.
  • The government has announced new regulations to mitigate the impact of adverse market conditions on farmers following a series of protests, the Warsaw Business Journal report. Jan Grabiec, the head of the prime minister's office, admitted that while the measures are designed to provide support, protests may continue. The regulation aims to ensure that excess grain from warehouses is exported before the harvest season. Meanwhile, farmers who sold grain at low prices will receive compensation.
  • There are no local data releases scheduled for today, April CPI data will cross next Tuesday.