Poland - Factors to Watch Feb 9

Kitco Media
By Reuters
Published:
Updated:
Reuters
WARSAW, Feb 9 - The following are news stories, press reports and events that may affect Poland's financial markets on Thursday. ALL TIMES GMT (Poland: GMT + 1 hour): BONDS State development bank BGK is set to hold a bond tender. Poland's Finance Ministry would like to issue bonds this year based on the new WIRON index in a move aimed at helping implementing it, deputy finance minister Piotr Patkowski was quoted as saying by Dziennik Gazeta Prawna daily.


INTEREST RATES Polish central bank governor Adam Glapinski will give a press conference at 1400 GMT.


The National Bank of Poland (NBP) left its main interest rate unchanged at 6.75% as expected on Wednesday, remaining in wait-and-see mode as it assesses the damage to the economy caused by the war in Ukraine. BUDGET In 2022, Poland's budget had a deficit of 19-20 billion zlotys ($4.31-4.54 billion), about 10 billion less than the government predicted, Dziennik Gazeta Prawna daily reported, quoting unoficial information.


EU FUNDS The Polish government does not intend to submit the first application for payment from the EU's National Recovery Plan before President Andrzej Duda's decision on the law introducing changes to judiciary, Dziennik Gazeta Prawna daily reported. Poland's parliament on Wednesday passed two pieces of legislation the government hopes will unblock billions in European Union funds, but doubts remained over whether the president would sign the judicial reform bill into law. MBANK Commerzbank's Polish unit mBank had a net profit of 834.5 million zlotys in the fourth quarter of 2022 compared to a loss of 1.63 a year earlier.


****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 E.Europe equities Polish money Polish debt Eastern Europe All emerging markets Hot stocks Stock markets Market debt news Forex news For real-time index quotes, double click on: Warsaw WIG20 Budapest BUX Prague PX ($1 = 4.4089 zlotys) (Reporting by Warsaw Bureau)

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