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The Warsaw Voice » News from March 21, 2017
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European Union leaders on March 9 reappointed Donald Tusk as president of the European Council for another term of office despite strong opposition from the Euroskeptic government of his native Poland.
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Society
Poland's governing party Law and Justice (PiS) lost 6 pps voter support to 29% in March compared to February, and its lead over the closest rival, main opposition party Civic Platform (PO), narrowed by 16 pps after support for PO soared by 10 pps to 27%, a survey by pollster IBRiS showed.
Business
Poland's industrial output will likely increase by over 7% year on year in March, Development Ministry analysts said.
Society
Poland's teachers' labor union ZNP gathered 500,000 signatures under a motion to the Sejm lower house for a referendum on the planned education reform, ZNP head Slawomir Broniarz told a news briefing.
Business
Ruling party Law and Justice (PiS) wants the Polish government to buy press titles from foreign media groups, possibly applying "accelerating" mechanisms, although voluntary sale by foreign owners would be a preferred option, Gazeta Wyborcza daily reports, citing suggestions made by deputy Culture Minister Jaroslaw Sellin.
Business
The Polish government has no plans of amending the bill on financial asset tax, deputy Finance Minister Wieslaw Janczyk said.
Business
The Polish government is preparing to officially apply for the transfer of the European Banking Authority (EBA) to Poland from the UK and works on the Polish offer should be completed by end-March, Foreign Affairs Ministry said.
Business
Poland's Monetary Policy Council can leave interest rates untouched for at least the coming twelve months as inflation is very unlikely to hit the central bank's policy target, but must begin to turn its attention to the risks of negative interest rates by end-2017, MPC member Jerzy Kropiwnicki said.
Business
The Polish government will likely decide on another issue of panda bonds, deputy PM Mateusz Morawiecki told journalists without giving any details on the timeframe or the value of the prospective issue.
Business
Telecom Netia wants to add several thousand clients to its Next Generation Access (NGA) network by the end of the year, CEO Tomasz Szopa said.
Law
Poland's planned changes to the mortgage law, allowing debtors to sell property without bank's control over the process, may lead to fraudulent sale below property's value, the Foundation for the Development of Mortgage loans said.
Business
Poland's broad market WIG index reached 60,400 pts, the highest level in almost ten years and close to historic highs, daily Parkiet wrote.
Business
Supermarket chain Dino, on its way to the WSE, plans to increase the number of stores to over 1,200 by the end of 2020 from 628 held at end-2016, the company said in its issue prospectus.
Business
Poland's state bank BGK has granted PLN 36.3 billion guarantees for PLN 64.4 billion worth of loans issued to SMEs by end-February under the state program of 'de minimis' credit guarantees, BGK bank data show.
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