Newly inaugurated Polish President Bronislaw Komorowski assumed command of Poland’s armed forces on August 15 marking Poland's Army Day observed on the 90 anniversary of the 1920 Battle of Warsaw.

Poland's zloty can retain an appreciation trend as long as conditions remain calm on global and European markets, central bank NBP president Marek Belka told a radio audience.

Polish President Bronislaw Komorowski unveiled in the Field Cathedral of the Polish Army, Sunday, a plaque to commemorate the victims of Lech Kaczynski's plane crash on April 10 at Smolensk in western Russia.

Firms that already invested in special economic zones are likely to conduct their new investments also in the zones, the daily Dziennik Gazeta Prawna reports, citing own survey among investors.

The over 60 Polish consumer has been neglected by retailers on assumption that they stick to low-cost consumer staples only, but the consumer group now has purchasing power at 150 billion zlotys, a report by GfK Polonia shows.

All measures of economic conditions improved in the second quarter, according to a poll of the nation's "most dynamic" small and medium sized firms conducted by the daily Puls Biznesu.

Drugs giant Sanofi-Aventis managed to buy all 15,657,476 tendered shares of pharmaceutical and cosmetics firm Nepentes, the Warsaw Stock Exchange said in a statement.

An increasing number of Poles negatively assess lower chamber of parliament's job with 56% of negative opinions among people surveyed versus 51% a month prior, the latest survey by CBOS researcher shows.

TPSA's mobile unit Orange is the leader in terms of SIM cards sold after H1 and has highest revenues.

Polish insurers started to raise prices of automotive policies, and the process has just started, as higher cost incurred by VAT rises could amount to 20 million zlotys for the sector, insurance market researchers claim.

Poland could record a 3.2% GDP growth in Q2 and reach full year economic growth close to 3.5%, Monetary Policy Council member Andrzej Kazmierczak told PAP Polish News Agency.

Poland's president Bronislaw Komorowski signed the flood relief bill amendment which will allow for granting aid to people suffering from recent floods in the southwestern Poland, presidential chancellery informed PAP Polish News Agency.

Poland received six preliminary bids for the 51% stake of the listed power group Enea it has for sale, the Treasury Ministry said in a statement.

The European Commission will readdress the matter of recalculating public debt levels to account for debt-funded pension reform, as postulated by member states led by Poland, a top EU spokesperson told PAP Polish News Agency.

Poland is working on a restrictive budget for 2011 and hopes that the 2011 budget deficit set at 45 billion zlotys in the financial plan recently adopted by the government will be lower by a few bln, deputy FinMin Ludwik Kotecki told Dziennik Gazeta Prawna.

Poland's consumer prices should increase by 2.0% y/y in August on a 0.2% monthly decline, while as of September the prices should start growing faster but still below the 2.5% inflation target, Economy Ministry said in a comment to July CPI data.

Poland is analyzing consequences of introducing an additional bank tax, and mentions budget revenues of 1.4-1.5 billion zlotys, the daily Rzeczpospolita writes front-page citing own findings.

Polish banks spent 462 million zlotys on advertising in the first half, dominated by 155 million zlotys to promote current accounts, data from media monitoring firm Expert Monitor shows.