June 24, 2020 / 6:23 AM / 2 months ago

Poland - Factors to Watch June 24

WARSAW, June 24 - The following are news stories, press reports and events that may affect Poland’s financial markets on Wednesday. ALL TIMES GMT (Poland: GMT + 2 hours):


Poland’s statistics office to release unemployment data at 0800.


Poland’s President is visiting the United States on Wednesday for talks with Donald Trump. He has said he will discuss defence, nuclear energy and telecommunications.

Rzeczpospolita reports, citing sources, that an agreement on building Poland’s first nuclear power plant may not be reached during the visit.


Google will build a data centre in Poland and is preparing to launch it in early 2021, Google Cloud business development director in Poland and Central and Eastern Europe Magdalena Dziewguc was quoted as saying by Puls Biznes daily. Deputy Prime Minister Jadwiga Emilewicz estimates that Google may invest $ 1.5-2 billion.


Within a few years, Volkswagen wants to cut around five thousand full-time jobs at German commercial vehicle production plants and to move most van production to Poland, Puls Biznesu daily reported.


It will soon be known how big the impact of the coronavirus pandemic on the budget will be, Rzeczpospolita daily reported. Economists say the deficit may be as much as 200 billion zlotys, according to the paper.


A record 380,000 Polish citizens living abroad registered for Sunday’s presidential election, Gazeta Wyborcza daily reported.

****Reuters has not verified stories reported by Polish media and does not vouch for their accuracy.****

For other related news, double click on: Polish equities E.Europe equities Polish money Polish debt Eastern Europe All emerging markets Hot stocks Stock markets Market debt news Forex news For real-time index quotes, double click on: Warsaw WIG20 Budapest BUX Prague PX (Reporting by Warsaw Bureau)

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