Poland - Factors to Watch April 16
16/04/2025 07:01
WARSAW, April 16 - The following are significant news stories, press reports and events on Wednesday. ALL TIMES GMT (Poland: GMT + 2 hour): DATA On Wednesday at 1200 the National Bank of Poland will release information on core inflation in March. Analysts forecast that it slowed down to 3.4% from 3.6% in February. BUDGET Poland's budget deficit reached 76.3 billion zlotys ($20.1 billion) at the end of March, data from the finance ministry showed on Tuesday. Budget spending increased due to the repayment of bonds issued by the Polish Development Fund for the needs of COVID "financial shields", Rzeczpospolita daily reported. MISSILES FOR THE ARMY Polish defence company WB Electronics and South Korea's Hanwha Aerospace 012450.KS have signed an agreement to form a joint venture producing missiles in Poland, the Polish defence ministry said on Tuesday. BANKING SECTOR Polish banks would like to see a strict deadline set for when customers who have taken out a loan could sue them. Now banks are being flooded with lawsuits for loans granted years ago, Gazeta Wyborcza daily reported. PEKAO SA Pekao SA PEO.WA, a part of Polish insurance group PZU PZU.WA, wants to generate 1 billion zlotys ($264.05 million) of insurance premiums to PZU's revenues within three years, Puls Biznesu 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 = 3.7871 zlotys) (Reporting by Warsaw Bureau) ((warsaw.newsroom@reuters.com; tel. +48 22 6539700))