BRUSSELS (AP) — The European Union’s executive body is warning Poland that it has a month to address long-standing concerns about laws that Brussels fears undermines the independence of Supreme Court judges or face possible legal action. The European Commission says Poland is violating EU law by allowing the country’s Disciplinary Chamber of the Supreme Court to make decisions which have a direct impact on judges and the way they do their jobs. The commission says the independence and impartiality of the chamber are not guaranteed, and that this can have a “chilling effect” on judges. Brussels is threatening to take the case to Europe’s top court unless Poland fixes the problem in time.
Month: February 2021
TOKYO (AP) — Asian shares are mostly lower as caution sets in over company earnings reports, recent choppy trading in technology stocks and prospects for more economic stimulus for a world battling a pandemic. Japan’s Nikkei 225, South Korea’s Kospi and other regional benchmarks all fell in Thursday morning trading. Also on market players’ minds is the vaccine rollout, which is becoming more organized in the U.S., but yet to play out in much of Asia, except for China. Stocks closed modestly higher on Wall Street, where investors are worried about the timing and scope of another round of stimulus spending.