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The Warsaw Voice » News from February 15, 2017
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Paweł Borys, president of Polish Development Fund (PFR) talks to Juliusz Kłosowski (excerpts):
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Poland's GDP in Q4 2016 grew by 2.7% year on year and by 1.7% quarter on quarter, according to a flash estimate by Central Statistical Office (GUS).
The Government Protection Bureau officers will gain new powers in the wake of changes announced following the car accident in which PM Beata Szydlo was injured.
The Polish government is set to curb the losses to the state budget caused by the increasing illegal activities concerning tobacco products, the daily Rzeczpospolita writes citing the Finance Ministry spokesman Lukasz Swierzewski.
Poland's inflation will likely accelerate further to 2.0% year on year in February after a 1.8% y/y reading in January, Development Ministry economists said in a comment to the Central Statistical Office (GUS) data.
Poland's new regulations on the network of publicly-funded hospitals are so complicated that hospital heads as well as officials of national health fund NFZ have difficulties interpreting them, the daily Gazeta Wyborcza reports.
Poland's courts are taking a more severe approach to companies failing to meet reporting requirements by drawing consequences against managements of such companies, Dziennik Gazeta Prawna daily reports.
The number of retail stores in Poland will sink by 3,000 in 2017, the daily Rzeczpospolita writes.
Poland's M3 money supply declined by 1.3% month on month in January to reach PLN 1.249 trillion at the end of the month, Poland's central bank NBP said.
The Polish government intends to implement its planned restructuring of OFE pension funds in 2018 according to its originally announced plan of transferring 25% of OFE assets to be managed by a state fund with 75% put into privately owned pension funds, deputy PM Mateusz Morawiecki told a news conference.
Polish investment funds enjoyed PLN 989.6 million in net inflows in January, including PLN 330 million in equity-dedicated funds, reversing a fraction of heavy outflows noted in December, a report from the asset management industry lobby IZFiA showed.
Power group PGE's supervisory board reappointed CEO Henryk Baranowski and CFO Emil Wojtowicz, and appointed Wojciech Kowalczyk as new deputy CEO for capital investments, PGE said in a filing.
Polish CPI should stabilize in a few month time, most economists said after January data showed 1.8% year on year price growth.
Telecom operator Orange Polska suffered a roughly 5% decline in fourth quarter adjusted EBITDA, lightly missing consensus but still just crossing the bar to meet its full-year guidance, a Q4 report out post-session showed.
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