Poland - Factors to Watch June 3
03/06/2025 06:48
WARSAW, June 3 (Reuters) - The following are significant news stories, press reports and events on Tuesday. ALL TIMES GMT (Poland: GMT + 2 hours): VOTE OF CONFIDENCE Poland's Prime Minister Donald Tusk will call for a parliamentary vote of confidence in his coalition government after his candidate, Rafal Trzaskowski, lost the presidential election on Sunday. PRESIDENTIAL ELECTION Nationalist opposition candidate Karol Nawrocki narrowly won Poland's presidential election, results showed on Monday, delivering a significant blow to the centrist government's efforts to cement Warsaw's pro-European orientation. U.S. Secretary of State Marco Rubio on Monday congratulated Polish nationalist politician Karol Nawrocki on winning the country's presidential election and said that the United States looked forward to working with him on shared priorities. FISCAL POLICY Poland's path to narrowing its fiscal deficit, maintaining its credit ratings and keeping investors on board looks more difficult following conservative nationalist Karol Nawrocki's presidential election victory. INTEREST RATES The National Bank of Poland is expected to keep interest rates unchanged on Wednesday, after a downward adjustment in May, a Reuters poll showed, as wage dynamics remained volatile and economic growth stays strong. PZU-PEKAO SA The Minister of Finance believes that the merger of Pekao SA PEO.WA and PZU PZU.WA could release 20 billion zlotys ($5.37 billion) of capital, which would allow for the creation of credit activity worth up to PLN 200 billion, Puls Biznesu 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 = 3.7260 zlotys) (Reporting by Warsaw Bureau) ((warsaw.newsroom@reuters.com))