August 23, 2017 / 6:16 AM / 3 months ago

Poland - Factors to Watch Aug 23

Following are news stories, press reports and events to watch that may affect Poland’s financial markets on Wednesday. ALL TIMES GMT (Poland: GMT + 2 hours):

DATA

Poland’s central bank is to release its M3 money supply data at 1200 GMT.

PLANNED REAL ESTATE TAX

The government’s legislation office (RCL) is working on a new tax on offices and shopping centres, whose value exceeds 10 million zlotys ($2.75 million), Gazeta Polska weekly reported. The new tax could increase rents by 1.5-6.5 zlotys per square metre per month, the weekly said.

COAL MINING

The energy ministry expects that state subsidies for the coal mining sector will amount to a combined 10.24 billion zlotys ($2.82 billion) from 2016 until 2020, Dziennik Gazeta Prawna 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 ($1 = 3.6360 zlotys) (Reporting by Warsaw Bureau)

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