Poland - Factors to Watch March 20

PGE Polska Grupa Energetyczna SA

20/03/2024 07:16

WARSAW, March 20 - The following are news stories, press
reports and events that may affect Poland's financial markets on
Wednesday. ALL TIMES GMT (Poland: GMT + 1 hour):
 
    DATA
    Poland's statistics office to publish output, PPI, wages and
employment data at 0900. 
    
    FARMER PROTESTS
    Polish farmers plan to block over 500 roads throughout the
country to protest against EU climate policies and cheap food
imports from Ukraine.
    
    This will the first mass protest since the European
Commission announced a package of changes easing the
restrictions of the Green Deal, Dziennik Gazeta Prawna daily
reported.       
    
    CENTRAL BANK
    Polish Prime Minister Donald Tusk said on Tuesday a motion
to bring the head of the central bank before a state tribunal
was ready.
    
    Marta Kightley, Deputy President of the National Bank of
Poland (NBP), told Gazeta Polska weekly that the unprecedented
attack on the bank may cause situations in which foreign
investors will begin to wonder whether the president of the
central bank can be replaced at every parliamentary election,
which would mean that the situation in the country is not
stable.
    
    CARS
    Katarzyna Pelczynska-Nalecz, Minister of Funds and Regional
Policy, told Fakt daily that Poland wants to remove a tax on
internal combustion cars from its National Recovery Plan.
    
   BANKS
   Inflationary pressure and demand for specialists meant that
banks had to spend as much as 22% more on wages in 2023 than a
year earlier, 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 = 3.9469 zlotys)

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