Interfax: Poland news report of 23.01.2009

Weekly news:

FINANCIAL & ECONOMIC NEWS

NEWS

Polish Cabinet against budget revisions for H1 2009, economy relatively safe – EconMin

PRESS: More than 400,000 Poles expected to become unemployed in 2009 – expert

MONETARY POLICY

Polish FinMin sees economic growth accelerating after euro adoption

Poland may delay EMR2 entry, euro adoption due to unstable global situation – FinMin

COMPANY NEWS

TRANSPORTATION

Polish-Ukrainian train travel to improve starting May 2009, ahead of 2012 soccer championships

MEDIA

Polish media Agora to write off PLN 27.2 mln in Q4

REAL ESTATE

Ferrovial’s Polish unit Budimex, Ferrovial Agroman get PLN 6.7 bln highway construction contract

PRESS: Polish banks tighten criteria on Swiss franc mortgages

PRESS: Swedish furniture company IKEA to invest PLN 6 bln in Polish market over next eight years

PRESS: Poland’s new apartment sales in 2008 decline 40% y/y due to financing crisis – expert

ENERGY NEWS

OIL & PETROCHEMICALS

Fitch places Poland’s top oil refiner PKN on rating watch negative

Polish refiner PKN Orlen seen recording PLN 2.3 bln of Q4 losses on inventory

PRESS: CEO of Poland’s no. 2 oil refiner Grupa Lotos may get sacked

GAS

Russian Gazprom’s export unit appeals arbitration ruling on Polish gas transit fees

Polish Yamal pipeline operator EuRoPol Gaz still without notice of Gazprom’s arbitration appeal

Polish gas firm CP Energia signs PLN 225 mln deal to buy domestically extracted natural gas

Russian gas supplies to Poland back to normal – PGNiG

Poland to make energy issues its specialty within European Union – Polish foreign min.

Russian-Ukrainian gas crisis stimulates Poland to work on gas storage, LNG terminal – EconMin

PRESS: Polish gas monopolist PGNiG lifts restrictions on gas usage by industrial customers

Yamal pipeline’s second branch "best option" in view of financial crisis – Polish foreign min.

Polish president dissatisfied with Russia-Ukraine gas deal, criticizes EU’s largest countries

PRESS: Merkel makes EU more dependent on Russia by backing Nord Stream – Polish foreign min.

HEAT, POWER & SEWAGE

Ukraine’s electricity supplies to Poland may be resumed from February 1

Czech utility CEZ interest in Polish power firm Tauron tied to price – analyst

PRESS: Czech energy concern CEZ mulls acquisition of Polish stated-owned energy group Tauron

IT & TELECOMMUNICATIONS

LANDLINE/MOBILE TELECOMS

Polish telecoms regulator cuts mobile termination rates for alternative telecoms Netia, GTS Energis

Polish telecoms regulator lowers fixed-to-mobile termination rates

BANKING & FINANCE NEWS

BANKING

Poland’s Alior Bank gets PLN 1 bln in client deposits in first two months of operations

PRESS: Allied Irish Bank mulls sale of Polish unit Bank Zachodni WBK

Nb: This news report features only the headline of each news.

Agency Interfax