Poland - Factors to Watch July 2

PGE Polska Grupa Energetyczna SA

02/07/2025 06:59

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

INTEREST RATES

The Polish Monetary Policy Council (MPC) will announce its decision on interest rates on Wednesday. Most analysts polled by Reuters expect them to remain unchanged.

BORDERS

Poland will introduce temporary controls along borders with Germany and Lithuania on July 7, Prime Minister Donald Tusk said on Tuesday, echoing several other European Union countries in reimposing frontier checks to stem illegal migration.

GAS POWER PLANT

Investors were surprised by the information that ZE PAK ZEEP.WA will not sell the gas power plant project to PGE PGE.WA. The company's CEO, Andrzej Janiszowski, said that its launch in two years will provide ZE PAK with stable revenues, Puls Biznesu daily reported.

FORECASTS

According to analysts, inflation in Poland will fall to 2.8% year-on-year in July, which means it will be in the corridor around the inflation target of the National Bank of Poland - 2.5% plus or minus one percentage point - and will remain there in the following quarters, Rzeczpospolita daily reported.

****Reuters has not verified stories reported by Polish media and does not vouch for their accuracy.****

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 Market debt news      DBT      Forex news            FRX

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 (Reporting by Warsaw Bureau)

 ((warsaw.newsroom@reuters.com))