Polish officials had to call off the ceremony planned for yesterday of moving the cross commemorating the victims of the Smolensk plane crash from outside the presidential palace to the nearby St. Anne's Church, as hundreds of people gathered there to stop the procession.

Poland approved the 4-year financial plan, which introduces three VAT rates at 5%, 8% and 23% as of 2011, deputy PM and Economy Minister Waldemar Pawlak told reporters.

Poland’s Supreme Court has declared the presidential elections, of July 4 won by Bronislaw Komorowski valid and set up swearing in ceremony for August 6.

Polish zloty's volatility against the euro decreased in July after remaining stable in June, the Finance Ministry said in its report on euro convergence.

Kompania Piwowarska, a unit of SABMiller that makes Lech beer, has removed a giant billboard advertising "Cold Lech" near the tomb of the late President Lech Kaczynski and apologized for "the unfortunate location of the advertisement."

Poland hosted 406,751 tourists who stayed in the country for at least one night in May, up from 375,137 in the same period a year ago, stats office GUS announced.

Media group ITI plans to complete the prospectus for cinema operator unit Multikino in late fall, while the debut might take place as early as this year or as late as in fall 2011, depending on the market situation, ITI's CEO Wojciech Kostrzewa told the daily Rzeczpospolita.

The former president of Bank Handlowy, PZU insurer and JP Morgan Cezary Stypulkowski has been appointed the new BRE Bank CEO after the dismissal of Mariusz Grendowicz.

Listed liquor producer Central European Distribution Corporation finalized the sale of its distribution operations to trade company Eurocash for PLN 400 mln, in line with the preliminary deal signed on April 8, both companies informed in market filings late Monday.

Poland should refrain from privatizing its firms through selling them to state-controlled companies, MPC member Jan Winiecki wrote in an article for Dziennik Gazeta Prawna daily.

Poles do not accept explanations of Prime Minister Donald Tusk why Value Added Tax has to be increased, Puls Biznesu daily says citing Grupa IQS poll.

NewConnect listed holding ADV Group may reach 50 million zlotys in revenues in 2010 and wants to enter the Warsaw Stock Exchange in 2011, the company's deputy president Konrad Pankiewicz told PAP in an interview.

Poland's state-owned bank BGK wants to offer 6 billion zlotys worth of credits for exporters on different terms that it was previously assumed in the governmental plan for export support, the daily Puls Biznesu says.

Poland's budget deficit amounted to 36.57 billion zlotys at end-June versus 36.8 billion zlotys estimated earlier, the final numbers from the Finance Ministry showed.

Listed satellite platform Cyfrowy Polsat will merge with Cyprian-based unit mPunkt Holdings Ltd., owner of retail network selling services of Polkomtel, the operator of mobile network Plus GSM.