November 20, 2017 / 7:22 AM / a month ago

Poland - Factors to Watch Nov 20

Following are news stories, press reports and events to watch that may affect Poland’s financial markets on Monday. ALL TIMES GMT (Poland: GMT + 1 hour):

DATA

The statistics office is due to publish industrial output, retail sales and producer price data for October at 1300 GMT.

POLITICS

Polish president Andrzej Duda told Dziennik Gazeta Prawna he will not sign court reforms if changes introduced by the Law and Justice (PiS) party are unacceptable to him.

UPC

UPC Polska has offered the to sell Multimedia assets in four Polish towns to receive antimonopoly approval to take over the smaller cable operator, Parkiet daily said quoting unnamed sources.

UPC Polska, controlled by telecommunication company Liberty Global agreed to buy Multimedia in October last year for an enterprise value of 3 billion zlotys.

ENERGA

Poland’s state-run utility Energa has started negotiations with some of its partners over the long-term contracts it had signed to buy so-called green certificates, Parkiet daily said, quoting Energa’s lawyers.

In September, Energa said it would start legal cases to show contracts it signed in the past to buy the certificates were non-binding.

SUNDAY TRADE BAN

Poland is still considering banning trade on all Sundays rather than another proposal to let all but the smallest shops open for only two Sundays a month, Parkiet daily said quoting unnamed sources.

****Reuters has not verified stories reported by Polish media 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 (Reporting by Warsaw Bureau)

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