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Europe Top News and Analysis Poland

  • WARSAW, Poland— The leader of Poland's ruling party said Thursday that the government intends to "decentralize" the media after it completes a "radical" overhaul of the judicial system that the European Union has denounced as violating democratic norms. Law and Justice party leader Jaroslaw Kaczynski, the most powerful politician in Poland, said he expects "very...

  • *Signals private media in Poland to be next target. WARSAW, July 27- Poland's ruling Law and Justice party is sticking to its flagship plans for "radical" reform of the judiciary, despite seeing two bills vetoed by the president this week, PiS head Jaroslaw Kaczynski said on Thursday. Kaczynski, who holds no government post but is widely seen as Poland's de facto...

  • BUDAPEST/ PRAGUE, July 27- The zloty eased on Thursday, under pressure from political tension over Poland's reforms of its judiciary, while more dovish than expected comments from the U.S. It has been hit by bills passed by parliament to allow the government to fire and appoint judges, which triggered street protests and criticism from Brussels.

  • BUDAPEST/ PRAGUE, July 27- The zloty eased on Thursday, under pressure from political tension over Poland's reforms of its judiciary, while more dovish than expected comments from the U.S. It has been hit by bills passed by parliament to allow the government to fire and appoint judges, which triggered street protests and criticism from Brussels.

  • The European Commission said on Wednesday it would start legal action against Poland over a law reforming the judiciary that undermines the independence of judges and therefore breaks EU treaty rules.

  • LONDON, July 26- Emerging markets were mostly firmer on Wednesday after a shaky start in Asia caused by a slight rise in the dollar and U.S. bond yields before the Federal Reserve meeting. Poland's zloty inched further off recent three-month lows and Polish stocks rose 0.6 percent as investors' bullish view on emerging markets before the Fed meeting outweighed...

  • BUDAPEST, July 24- Central European currencies firmed on Monday, led by the zloty after it was boosted by Polish President Andrzej Duda's rejection of disputed legislation to reform the judiciary. Sentiment remained positive in regional currency and government bond markets after the European Central Bank did not discuss winding down its own monetary...

  • resident Donald Trump (R), French President Emmanuel Macron (L) and German Chancellor Angela Merkel (C) chat at the start of the first working session of the G20 meeting in Hamburg, northern Germany, on July 7, 2017.

    EU firms are likely to resist a U.S. sanctions bill against Russia, which itself could face resistance.

  • BUDAPEST, July 24- The Polish zloty jumped against the euro on Monday, prompting gains by other Central European currencies, after Polish President Andrzej Duda said he would veto disputed legislation to reform the judiciary. The decision was surprising as Duda has been seen as an ally of the ruling, nationalist-minded Law and Justice party, which on Saturday...

  • BUDAPEST, July 21- The zloty fell half a percent on Friday, underperforming the region's other currencies as Poland's standoff with the European Union over a judicial reform bill and anti-government protests at home weighed on local markets. Poland's senate was expected to back new powers to enable politicians to appoint supreme court judges, defying the...

  • LONDON, July 21- With the dollar at 13- month lows, emerging stocks headed for a second straight week of gains on Friday and yields on emerging currency bonds hovered at their lowest in 2-1/ 2- years as the sector enjoyed buoyant fund inflows. Despite expectations that Western policymakers will soon start tightening monetary policy, including by clawing back the...

  • *Earnings hopes keep Wall Street close to all-time highs. LONDON, July 20- The euro hit a 14- month high and world shares pushed to a record peak on Thursday, as ECB head Mario Draghi said the bank would discuss the future of its 2- trillion-euro stimulus program at one of its next two meetings. The euro traded as high as $1.1630 from $1.1492 before Draghi began...

  • BUDAPEST, July 20- The forint led east European currencies higher on Thursday, hitting an 8- month high versus the euro after the European Central Bank left its ultra easy monetary policy stance unchanged. Investors in this part of the world focus on the policy of the European Central Bank, but also watch the Fed and U.S. long-term debt yields.

  • WARSAW, Poland— The Latest on Poland's parliamentary vote:. Her comments appear to refer to warnings from the European Union of sanctions against Poland, including a possibility of stripping Warsaw of its EU voting rights. Szydlo spoke as thousands of government opponents gathered in front of the presidential palace in Warsaw, and in some other cities, to urge...

  • LONDON, July 20- Emerging markets' eight-day run of stock gains stalled on Thursday as the dollar paused after hitting 10- month lows. South Africa's rand was pressured by the possibility of an interest rate cut later in the day. Investors are also awaiting post-meeting comments from European Central Bank President Mario Draghi on the bank's plans to start...

  • BUDAPEST, July 20- Emerging European assets mostly trod water on Thursday morning before the European Central Bank's meeting, amid light trading. The European Central Bank is expected to leave interest rates and QE policy unchanged, but president Mario Draghi could give more details on how the central bank plans to gradually unwind its bond buying stimulus.

  • BRUSSELS/ WARSAW, July 19- Poland could face punishment by the European Union if Warsaw does not halt judicial reforms which the bloc's executive said on Wednesday would put its courts under government control. "These laws considerably increase the systemic threats to the rule of law," the European Commission's First Vice-President Frans Timmermans told a...

  • *Polish assets untroubled by protests over Supreme Court bill. The zloty weakened slightly as parliament moved forward with work on a Supreme Court bill that critics say would politicise the judiciary in Poland, central and eastern Europe's largest economy. On Wednesday, Bank of America Merrill Lynch brought forward its first expected Czech rate hike to Aug. 3,...

  • *Polish assets untroubled by protests over Supreme Court bill. The zloty weakened slightly as parliament moved forward with work on a Supreme Court bill that critics say would politicise the judiciary in Poland, central and eastern Europe's largest economy. On Wednesday, Bank of America Merrill Lynch brought forward its first expected Czech rate hike to Aug. 3,...

  • Thousands of government opponents protested in Warsaw and other cities in Poland on Sunday against new judicial reforms and future plans to change the Supreme Court.