Poland - Factors to Watch April 7

Hyundai

07/04/2020 07:45

WARSAW, April 7 - The following are news stories, press
reports and events that may affect Poland's financial markets on
Tuesday:
        
    PRESIDENTIAL ELECTION
    Poland's lower house of parliament controlled by ruling
nationalists approved on Monday draft legislation to allow it to
conduct the May presidential election as a postal ballot due to
the coronavirus pandemic, state news agency PAP said.
    Development minister Jadwiga Emilewicz told Radio Zet on
Tuesday it would be very difficult to conduct presidential
election at the beginning of May.
        
    ECONOMIC PACKAGE
    Real economic help proposed by the government in its rescue
package is worth 30 billion zlotys ($7.13 billion) and
entrepreneurs call it insufficient, Rzeczpospolita daily
reported.
    The government plans to update the rescue package to allow
companies to get preferential credits worth tens of billions of
zlotys more, Dziennik Gazeta Prawna daily said.
    
    ENERGY SECTOR
    Part of Polish investments in renewable energy sources will
be delayed due to coronavirus pandemic, Climate Minister Michal
Kurtyka told the European Commission in a letter, according to
Rzeczpospolita.
    Kurtyka also said he expected prices of CO2 emission rights
to fall following diminishing demand. 
    
    HYUNDAI  011760.KS 
    Hyundai plans to set up a 200 megawatt photovoltaic farm in
Poland, Puls Biznesu daily said.    
        
    ****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 = 4.2072 zlotys)

 (Reporting by Warsaw Bureau; Editing by Edmund Blair)
 ((warsaw.newsroom@reuters.com; tel. +48 22 6539700))