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Poland - Factors to Watch August 20

Poland - Factors to Watch August 20

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


TAXES

Poland plans to change parts of its income tax system in a move that Prime Minister Donald Tusk, who came to power on a ticket to lower taxes, said on Wednesday would benefit around 3.5 million taxpayers.


DATA

On Thursday, the Statistical Office will release data on industrial production in Poland for July. According to economists surveyed by Reuters, its growth slowed to 4.9% year-on-year from 7.6% in June. Wage data will also be released. Economists forecast a 6.2% increase in July, compared to 5.9% in June.


PZU PZU.WA

Poland's top insurer PZU PZU.WA reported a second-quarter profit that topped market expectations on Thursday, helped by strength in its mass property and casualty and individual life insurance businesses.

****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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