Poland - Factors to Watch May 5

Mabion SA

05/05/2021 07:00

WARSAW, May 5 - The following are news stories, press
reports and events that may affect Poland's financial markets on
Wednesday. ALL TIMES GMT (Poland: GMT + 2 hour): 
    
    INTEREST RATES
    Poland's central bank will announce its interest rate
decision on Wednesday.
    
    MABION
    Polish pharmaceutical company Mabion  MABP.WA  has to return
some of the advance payments it has received from the American
company Mylan in the last five years, Puls Biznesu daily
reported. Adam Pietruszkiewicz, a board member of the company,
told the newspaper that currently one of the main strategic
goals of the company is to attract a strategic investor.
    
    MINIMUM WAGE
    From 2022, the minimum wage will have to be at least
2,903.70 zlotys ($766.33) or 2,984.70 zlotys - which of these
amounts is appropriate will depend on the average salary in the
first quarter, Dziennik Gazeta Prawna daily reported. According
to employers, the raise is sufficient, but trade unions are
calling for faster growth.
    
    NEW DEAL
    Deputy Minister of Development Olga Semeniuk told Dziennik
Gazeta Prawna that the presentation of the government's New Deal
economic programme will take place in May. Poland wants to
encourage foreign investors to engage in establishing new
enterprises in Poland even more widely and faster, the newspaper
reported.
    
    WEALTH
    According to the Wealth of Nations Index created by the
Warsaw Enterprise, Poland ranks 19th in Europe, Dziennik Gazeta
Prawna reported. Czechs, Lithuanians, Estonians and Slovaks are
richer, while the most affluent in Europe are the Irish,
Austrians and Danes.
    
    ESTONIAN PRESIDENT
    Estonian President Kersti Kaljulaid told Dziennik Gazeta
Prawna that countries like Ukraine and Georgia deserve help and
support in resolving conflicts on their territory and bringing
them closer to the European Union.
    
    INDUSTRIAL SUPPLIES
    Industrial companies are reporting unprecedented problems
with the supply of components, which will not stop production,
but will raise inflation, Rzeczpospolita daily reported.
    
    
    
    
    ****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 = 3.7891 zlotys)

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