The changes to the private pension funds prepared by the Labor Ministry are unlikely to be supported by the government as they would make the system more complicated, PM chief advisor Michal Boni said yesterday.

Some 1,000 Solidarity unionists from all over Poland staged a rally in front of the Szczecin Shipyard main gate in defense of work places and against the decreasing importance of Zachodnie Pomorze (Western Pomeranian province) on the Polish Baltic coast.

Real estate developer Orco might be able to reclaim the building permit for the Daniel Libeskind-designed skyscraper in Warsaw, which was revoked a year ago, as the Mazowieckie Voivodeship representatives allegedly agreed to this at a meeting, yesterday.

The European Commission will prepare its stance regarding the matter of recalculating public debt levels to account for debt-funded pension reform, by September 6, the spokesperson for EU commissioner for Economic and Monetary Policy announced Tuesday.

The 10th edition of the International Mime Art Festival kicked off yesterday at the Na Woli Theatre in Warsaw.

Listed power group PGE may see its share price fall in short term after additional supply of new employee shares appears on the market, but the effect shouldn't be very strong, Espirito Santo analyst Maciej Hebda said.

Governing party PO will initiate its local government election campaign and present candidates for city mayors at a convention in October in Silesia, head of caucus and leader of Silesian party branch Tomasz Tomczykiewicz said.

Politicians from various left wing parties, Wojciech Olejniczak, Marek Borowski and Katarzyna Piekarska stressed on Wednesday that they do not have any intentions of joining the ruling PO party.

Polish employees should not expect wage increases due to high unemployment rate and because of the fact that companies are cutting costs, the daily Dziennik Gazeta Prawna says citing PKO BP economist Karolina Sedzimir-Domanowska.

Poland's Q2 GDP growth is expected to hit 3.2% to put the full year growth near 3%, while inflation should neighbor 2.5% at the end of the year, the Economy Ministry said in a report.

Poland's social insurance fund FUS should hold a debt of close to 4 billion zlotys at the end of 2010 but the figure could be lower if wages follow current trends, social insurance board ZUS deputy president Monika Boryczka told broadcaster TVN CNBC.

Preparations for Poland's presidency of the EU to start in July 2011 are going according to plan, Minister for European Affairs Mikolaj Dowgielewicz told PAP Polish News Agency.

Prospective acquisition of power company Energa by Poland's largest energy group PGE poses a threat to market competition, the president of anti-monopoly watchdog UOKiK Malgorzata Krasnodebska-Tomkiel told Gazeta Wyborcza daily in an interview.

Polish banking sector is seeing a slow revival of corporate investments and lending, head of controlling and corporate banking analysis department at BRE Bank, Cezary Raczynski told Dziennik Gazeta Prawna.

Chemicals company ZA Tarnow is to decide on August 23 whether it will take over the shares of its market peer ZAK within the latter's capital increase by some 150 million zlotys, the daily Puls Biznesu says citing a person close to both companies.