Poland - Factors to Watch February 5

Banco Comercial Portugues SA

05/02/2026 06:50

WARSAW, Feb 5 (Reuters) - The following are significant news stories, press reports and events on Thursday. ALL TIMES GMT (Poland: GMT + 1 hour):

INTEREST RATES

Poland's central bank left its main interest rate PLINTR=ECI unchanged at 4.00% on Wednesday, opting to wait for new macroeconomic forecasts to be released in March to better assess the prospects for any further rate cuts.

On Thursday at 1400 there will be a press conference by the Governor of the National Bank of Poland (NBP), Adam Glapiński, who will present the justification for the decision of the Monetary Policy Council (MPC).

REUTERS FX POLL

The forint is likely to fall from two-year highs against the euro in the coming months, although the Hungarian currency and others in central Europe should still stay close to recent peaks, a Reuters poll forecast on Wednesday.

CRITICAL MATERIALS

After a ministerial forum on critical minerals at the U.S. State Department on Wednesday, Polish Foreign Minister Radosław Sikorski said at a briefing for Polish media that the United States had launched a major international initiative to ensure critical minerals cannot be used for coercion, adding that Poland and the EU backed efforts to diversify production geographically as a matter of economic and supply‑chain security.

POLAND'S GDANSK RAFINERY

Poland's Gdansk refinery will start cyclical maintenance at the end of February, the company said on Wednesday, with the shutdown of key units planned for April.

BANK MILLENNIUM

Poland's Bank Millennium MILP.WA, the Polish arm of Portugal's Millennium bcp BCP.LS, is expected to post a fourth-quarter net profit of 330 million zlotys ($92.31 million), a Reuters poll showed on Wednesday.

FITCH

Fitch Ratings sees Poland's fiscal deficit at around 7% of GDP in 2026 and expects it to fall below 6% only in 2028, the rating agency's main analyst for Poland said on Wednesday.

****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       PL-E     E.Europe equities     .CEE
 Polish money          PL-M     Polish debt           PL-D
 Eastern Europe        EEU      All emerging markets  EMRG
 Hot stocks            HOT      Stock markets         STX
 Market debt news      DBT      Forex news            FRX

 For real-time index quotes, double click on:
 Warsaw WIG20 .WIG20  Budapest BUX .BUX  Prague PX .PX

($1 = 3.5693 zlotys)

 (Reporting by Warsaw bureau)

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