Poland - Factors to Watch July 10
Poland - Factors to Watch July 10 WARSAW, July 10 (Reuters) - The following are significant news stories, press reports and events on Friday. ALL TIMES GMT (Poland: GMT + 2 hours):
INTEREST RATES
Polish central bank Governor Adam Glapinski said on Thursday he could propose a 25-basis-point interest rate cut after the summer, although other Monetary Policy Council members could prove more cautious about further monetary easing.
NEW PROJECTION
On Friday, the National Bank of Poland (NBP) will publish details of its new inflation and GDP projections.
WIND FARMS
On Friday, electricity from the Baltic Power offshore wind farm, a project implemented by Poland's Orlen PKN.WA and Canada's Northland Power NPI.TO, will be fed into the Polish grid for the first time. This is one of the largest offshore wind energy projects currently underway in Europe.
Prime Minister Donald Tusk will attend the project launch, the government press office said.
REVOLUT BANK
Revolut Bank currently has 57 million customers in Europe, over 5 million in Poland, where it aims to exceed 6 million by the end of the year, bank's Chief Executive Officer Jakub Fast was quoted as saying by Puls Biznesu daily.
****Reuters has not verified stories reported by Polish media and does not vouch for their accuracy.****
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(Reporting by Warsaw Bureau)
((warsaw.newsroom@reuters.com; tel. +48 22 6539700;))
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