Picture of Foxconn Technology logo

2354 — Foxconn Technology News Story

0.000.00%
tw flag iconLast trade - 00:00
TechnologyAdventurousMid CapNeutral

Poland - Factors to Watch May 8

WARSAW, May 8 (Reuters) - The following are significant news stories, press reports and events on Friday. ALL TIMES GMT (Poland: GMT + 2 hours):

SAFE FOR POLAND

A loan agreement under the SAFE program will be signed in Warsaw on Friday, granting Poland up to 43.7 billion euros in low-interest loans. These funds will be used to enhance Poland's military security, the government press office reported.

INTEREST RATES

The likelihood of monetary policy tightening in Poland has increased and interest rates could rise if inflation exceeds the upper limit of the target range and forecasts indicate it will remain elevated, the central bank governor said on Thursday.

EV MANUFACTURING HUB

ElectroMobility Poland will partner with Taiwan's Foxconn 2354.TW to develop an electric vehicle production and research hub in southern Poland, the state-backed company said on Thursday, advancing plans to create an EV champion as European demand picks up.

DEBT

On Friday, the Polish Ministry of Finance will offer Treasury bills worth 3.0-6.0 billion zlotys ($832.57 million-$1.67 billion).

POLES ON THE EU

If a referendum on Poland's exit from the European Union were held today, only 15% of Poles would vote for Polexit, Gazeta Wyborcza reported, citing a poll by Opinia24.

****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 = 3.6033 zlotys)

 (Reporting by Warsaw Bureau)

 ((warsaw.newsroom@reuters.com;))

Recent news on Foxconn Technology

See all news