Interfax: Poland news report of 03.10.2008

NEWS

PRESS: Poland faces EU funding decrease for 2014-2020 as result of global financial crisis

Euro zone entry would boost Polish economic stability - Polish finance minister

STATISTICS

Poland’s EU-measured unemployment drops to 6.7% in August

POLITICS

Polish PM supports administrative control of football association despite risk of World Cup ban

Ukrainian football federation chief hopes Polish gov’t will remove caretaker from Polish association

Western bid to improve relations with Belarus should have Belarusian opposition approval – Tusk

Russia’s embargo on Polish meat lifted only formally, exports not restored – Polish minister

Polish citizen abducted by Taliban insurgents in Pakistan

Polish economy in good shape despite growing turmoil on global financial markets – Polish Fin Min

Polish financial institutions not engaged in risky instruments, economy stable – Polish Econ Min

Poland to block European Commission’s CO2 emissions scheme proposal – Polish EconMin

PRESS: Polish military launches final phase of withdrawal from Iraq

Poland may hold referendum on euro adoption in 2009 if opposition insists – Polish PM

PRESS: Tajikistani, Turkmen dissidents ill treated by Polish border guards

Discussing Polish 2011 euro zone entry pointless, completely unrealistic - Polish president

Poland should not shy away from US style intervention to head off financial crisis - president

Polish economy resistant to US crisis, but ’09 economic slowdown expected – Finance Ministry

Polish Cabinet to submit bill on excise tax on fuels and electric power

PRESS: EU should have demanded free elections in Belarus - former Polish foreign minister

PRESS: Economists say Polish recession out of the question

PRESS: Belarusian elections a "farce," but Polish experts cite progress

COMPANY NEWS

METALS

Polish KGHM copper production prices approach break even point - analysts

Polish copper firm KGHM removed from list of companies of "significant meaning" to security

Polish copper producer KGHM’s board and unions expected to avoid strikes - analysts

FOOD, BEVERAGE & AGRICULTURE

Enterprise Investors makes public offer for 43% stake in Czech-Polish softdrink maker Kofola-Hoop

REAL ESTATE

Warsaw city authority grants permission for EUR 87 mln museum project location

Polish developer Echo Investment reveals details of PLN 90 mln residential project

Law change on NFIs not to affect Polish developer BBI Development company results

Polish real estate investor EFH expects PLN 380 mln revenues on holiday home project

Ukrainian infrastructure inadequacies may pose problems for Euro 2012 matches

Polish national stadium groundwork launched Monday

ENERGY NEWS

OIL & PETROCHEMICALS

Polish PKN Orlen’s Lithuanian unit MN signs interim deal with railway on oil product shipments

PRESS: Former Polish football player Boniek to invest in renewable energy sources

Russia does not need Druzhba oil pipeline branch to Lithuania – Russian diplomat

Polish chemical firm Ciech hopes to establish consortium to bid for Anwil

Polish gas monopolist should make upstream business a priority, analysts say

GAS

Polish gas distributor CP Energia signs PLN 7.2 mln deal with FX Energy Poland for gas purchase

Polish gas monopolist PGNiG signs PLN 1.85-bln three-year gas supply deal with German VNG

COAL

PRESS: Coal prices for energy generating sector likely to increase by up to 30% in 2009

EC’s estimates on carbon dioxide emission reduction costs not optimal, Polish Economy Ministry

PRESS: Poland wants changes in CO2 emissions in 2013, may accept 15% renewable energy share

HEAT, POWER & SEWAGE

Polish power producer PKE and fertilizer maker ZA Kedzierzyn to build power plant

PRESS: Polish power group Enea may cut share offer to foreign investors during upcoming IPO

Polish no.2 power group Tauron starts trade on wholesale market

Polish energy regulatory office to continue to approve energy tariffs in 2009

ALTERNATIVE ENERGY

Polish renewable energy firm ESP to boost energy generation capacities within five years

Poland will decide on the construction of first nuclear power plant by mid-2009

IT & TELECOMMUNICATIONS

LANDLINE/MOBILE TELECOMS

Top Polish alternative telco Netia continues expansion at expense of France Telecom’s Polish TP

BANKING & FINANCE NEWS

BANKING

PRESS: Some Polish banks may be taken over in wake of financial crisis

PRESS: U.S. crisis would have hit Polish banks by now - former Polish finance minister

Hungarian bank OTP plans Warsaw Stock Exchange debut by end-2008

INSURANCE

Top Polish insurer PZU plans expansion in Eastern Europe in 2009-2011

CAPITAL MARKETS

Investors distrust Polish stocks on ABS derivative volumes - trader

PRESS: U.S. rejects USD 700-bln bailout plan due to fears over voter scrutiny

EMERGING MARKETS NEWS HIGHLIGHTS

Naftogaz Ukrainy, Gazprom to soon sign gas contracts – Tymoshenko

NATO eastward expansion not corresponding with real threats is dangerous – Lavrov

Medvedev upbeat about Russian-German relations (Part 2)

Countries unrelated to Nord Stream project should not hinder its development – Russian president

Relatives of Poles shot in Katyn get access to classified documents (Part 2)

Strategic nuclear deterrence forces must be strengthened - Medvedev (Part 2)

U.S. missile shield targets Russia – former Russian Chief of Staff Baluyevsky

Georgian ambassador to Russia leaves Saakashvili team

FINANCIAL MARKETS

CURRENCY