Polish minor coalition party says Poland should consider early elections
The Central European currencies remained broadly stable against the euro yesterday vis-à-vis the day before. Although the zloty was under pressure in intraday trading, a meeting of the Monetary Policy Council (MPC) – that had NBP Governor Belka’s recent affair on agenda – came to no shocking conclusion on that matter either (as well as PM Tusk who supported Belka on Monday). The MPC “[…] assesses its cooperation with the NBP President to date as very good” and added that it “[…] regrets that the utterances made by the NBP President and recorded by way of unlawful eavesdropping may create the impression that the Chairman of the Monetary Policy Council played a part in the political-electoral cycle”. The personal crisis in NBP thus seems to come to an end before it started.
Read the full report: FX Daily