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Poland - Factors to Watch August 5

Poland - Factors to Watch August 5

- The following are significant news stories, press reports and events on Wednesday. ALL TIMES GMT (Poland: GMT + 2 hours):


ELECTRICITY AND WEATHER

Romania was working on a dike on Tuesday to divert water from the drought-hit Danube River to its only working nuclear power reactor, while Hungary's prime minister said the sole operating turbine at the Paks nuclear plant was running safely.


Poland's Energy Minister Milosz Motyka told private radio RMF on Wednesday that there was no systemic risk to Poland's energy supply.


ALIOR BANK

Poland's Alior Bank ALRR.WA reported a quarterly net profit that missed analysts' expectations on Tuesday, as a corporate income tax hike and mounting legal and credit-risk charges dragged on earnings.


PUBLIC SPENDING

In 2025, public spending in Poland amounted to nearly 2 trillion zlotys ($537.27 billion) - equivalent to 53,222 zlotys ($14,297.38) per Pole. The Polish state spends more in total on retirement and disability pensions than on healthcare, education, and science, Rzeczpospolita daily reported, citing a report by the Forum Obywatelskiego Rozwoju.


ANTI-BALLISTIC COALITION

Deputy Defence Minister Cezary Tomczyk said that Poland would consider joining an anti-ballistic coalition being formed by nine European nations at Ukraine's request, Gazeta Wyborcza daily reported.


****Reuters has not verified stories reported by Polish media and does not vouch for their accuracy.****


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($1 = 3.7225 zlotys)


(Reporting by Warsaw Bureau)

((warsaw.newsroom@reuters.com; tel. +48 22 6539700))

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