Poland - Factors to Watch on July 23

Wed Jul 23, 2008 2:07am EDT

 WARSAW, July 23 (Reuters) - Here are news stories, press
reports and events to watch which may affect Poland's financial
markets on Wednesday. ALL TIMES GMT (Poland GMT + 2 hours):
 OPTOELECTRONICS EYES POLAND
 Taiwan's LCD maker Optoelectronics 6664.Q is interested in
investing 500 million zlotys ($247 million) in a new LCD panel
factory in Poland, Puls Biznesu daily wrote. The company also
eyes potential locations in Czech Republic, Slovakia, and
Ukraine.
 
 UNEMPLOYMENT
 The Labour Ministry estimates Poland's unemployment is
likely to fall to around 9.5 percent in July, daily
Rzeczpospolita wrote. The stats office releases official data on
July 25.
 
 SHIPYARDS
 The Treasury Ministry in a note to a parliament signalled
Arabian trust fund ADIA (Abu Dhabi Investment Authority) is
among ten potential investors interested in buying Polish
shipyards, daily Rzeczpospolita wrote.
 
 OPTOELECTRONICS EYES POLAND
 Taiwan's LCD maker Optoelectronics 6664.Q is interested in
investing 500 million zlotys ($247 million) in a new LCD panel
factory in Poland, Puls Biznesu daily wrote. The company also
eyes potential locations in Czech Republic, Slovakia, and
Ukraine.
 SWTICH TENDER
 The Polish finance ministry holds a switch tender. Results
are due at around 1000 GMT.
 
 BRE SELLS AEGON
 Poland's BRE Bank BREP.WA, a unit of Germany's Commerzbank
(CBKG.DE), sold 49.7 percent of Aegon PTE pension fund to Dutch
Aegon (AEGN.AS) for 482.5 million zlotys ($239 million), the
bank said on Tuesday. [ID:nL22100976]
 
 GOVT TO MEET C.BANK
 Poland's Prime Minister Donald Tusk wants to meet the
central bank's Monetary Policy Council (MPC) in late August or
early September to discuss ways of fighting inflation, an
adviser to Tusk said on Tuesday. [ID:nL22754592]
 
 REGION'S HIKE CYCLE OVER?
 Central European central bankers gave signs on Tuesday that
the region's rate hike cycle may end, with the Poles pointing to
a growth slowdown and a Czech holding up the strong crown as a
possible reason to cut rates. [ID:nL22916591]
 
 News editor of the day: Dagmara Leszkowicz
 
 NOTE - For a diary of forthcoming events see [PL/DIARY] and
a calendar of east European economic indicators see
[CONV/DIARY].
 
 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

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