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Poland - Factors to Watch March 21
March 21, 2017 / 7:33 AM / in 7 months

Poland - Factors to Watch March 21

Following are news stories, press reports and events to watch that may affect Poland’s financial markets on Tuesday. ALL TIMES GMT (Poland: GMT + 1 hour):

DEBT

The finance ministry will release supply for the Thursday bond tender around 1030 on Tuesday.

KONSALNET

China Security & Fire will buy the Polish cash escorting company Konsalnet from Value4Capital for 110 million euros ($118.38 million), Puls Biznesu daily said.

POLL

56.5 percent of Poles negatively assess President Andrzej Duda, while 62.3 percent criticise Prime Minister Beata Duda, according to IBRiS poll published by Rzeczpospolita daily.

ELECTION

The ruling Law and Justice party has decided to limit the number of terms for local government heads to stop almost two thirds of present officials from taking part in local elections scheduled for 2018, Dziennik Gazeta Prawna daily said.

RETIREMENT AGE

Cutting the retirement age in Poland does not support the anticyclical policy that governments should conduct, the World Bank’s representative for Poland and the Baltic states, Carlos E. Pinerua, was quoted as saying by Rzeczpospolita.

CAR INSURANCE

Insurance companies will increase car insurance prices again after they rose 40 percent last year, Gazeta Wyborcza daily said. The trend is connected to heavy losses that insurance companies suffered in the car insurance sector.

SUPERMARKETS

Deputy Prime Minister Mateusz Morawiecki proposes to ban super and hypermarkets from trading every second Sunday, Dziennik Gazeta Prawna said.

ASTRA ZENECA

Poland will become Astra Zeneca’s biggest centre coordinating clinical research as the company plans to develop its present outlet and increase its workforce to around 1,000 people from 400 presently, Rzeczpospolita said.

****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 = 0.9292 euros) (Reporting by Warsaw Bureau)

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