Reuters logo
Poland - Factors to Watch May 24
May 24, 2016 / 6:01 AM / 2 years ago

Poland - Factors to Watch May 24

Following are news stories, press reports and events to watch that may affect Poland’s financial markets on Tuesday. ALL TIMES GMT (Poland: GMT + 2 hours):


Poland plans to impose a progressive, two-rate tax on retailers, with a tax-free amount of 17 million zlotys ($4.3 million) in monthly revenue, despite possible opposition from the European Union (EU), the finance ministry said in its latest draft.


Poland’s outgoing central bank chief Marek Belka said on Monday that any conversion of the Swiss-franc denominated mortgages weighing on Polish banks should be done at the zloty’s current market rate.


Polish unit of Raiffeisen suffered a 10 million zloty ($2.53 million) consolidated net loss in the first quarter, but improved its net profit by 140 percent year-on-year to 144 million zlotys in unconsolidated terms, Rzeczpospolita daily reported.


Polish freight carrier PKP Cargo is running an audit after the bankruptcy announced by Czech OKD - the main client of Czech AWT, which PKP Cargo bought last year, daily Dziennik Gazeta Prawna reported.

****Reuters has not verified these stories and does not vouch for their accuracy.****

For other related news, double click on: Polish equities E.Europe equities Polish money Polish debt Eastern Europe All emerging markets Hot stocks Stock markets Market debt news Forex news For real-time index quotes, double click on: Warsaw WIG20 Budapest BUX Prague PX ($1 = 3.9586 zlotys)

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below