Europe Top News and Analysis Poland

  • *Poland replaces finance minister Szalamacha with Morawiecki. BUDAPEST/ BUCHAREST, Sept 28- The zloty led a weakening of Central European currencies on Wednesday as Polish Prime Minister Beata Szydlo dismissed Pawel Szalamacha as finance minister in a government reshuffle. His responsibilities will be taken over by Deputy Prime Minister and Economy...

  • WARSAW, Poland— Warsaw prosecutors have officially informed a Russian citizen that he is suspected of violating Polish aviation law by flying a drone over Polish government buildings in Warsaw. In Poland, this is the first step toward charges being possibly pressed against the man, identified only as Ivan K., in line with Poland's privacy regulations.

  • *Warsaw leads stocks decline again ahead of government reshuffle. BUDAPEST, Sept 27- Central European currencies steadied on Tuesday after a debate of U.S. presidential candidates seemed to strengthen the position of Democrat Hillary Clinton who is regarded as representative of the status quo in U.S. politics. Warsaw's and Bucharest's main index touched...

  • PARIS, Sept 27- AccorHotels is launching a youth hostel brand called Joe&Joe to tap the spending power of young adults, part of its response to the challenges posed by Airbnb and an entry into a high-growth sector. Europe's largest hotel group said on Tuesday it would open hostels in Paris and Bordeaux in 2018. More are planned in Warsaw, Budapest, Rio and Sao Paulo...

  • WARSAW, Sept 26- Poland's conservative Law and Justice government has set out to buy bank stakes back from foreign investors, a move some bankers and economists say will hamper lenders that prospered through the global financial crisis. Poles played a leading role in the 1980 s in ending communist rule in eastern Europe. "I'm not a supporter of turning...

  • *Warsaw stocks hit 12- day low ahead of government reshuffle. *Slovenia's 10- year bond yield at record low on Fitch upgrade. BUDAPEST, Sept 26- Poland led a fall in Central European stocks on Monday, extending losses posted since Polish Prime Minister Beata Szydlo said on Friday that she would reshuffle her government.

  • WARSAW, Poland— Two miners have been killed and another seriously injured during a cave-in at a copper and silver mine in southwestern Poland, a spokeswoman for the partly state-owned KGHM copper mining corporation said Saturday. The accident raises to six the number of fatalities this year in KGHM's mines and copper mills in Poland. KGHM, known as the Polish...

  • *Warsaw bourse index underperforms region, falling over 1 pct. BUDAPEST/ WARSAW, Sept 23- Warsaw stocks led a retreat of Central European equities on Friday, after Poland's Prime Minister flagged a government reshuffle which may include the finance minister. The upcoming personnel changes add to risks after Thursday's plunge in the stocks of utilities...

  • BUDAPEST/ WARSAW, Sept 22- Some Central European assets firmed on Thursday amid a cautious rise in risk appetite after the U.S. Central Europe's economic growth outpaces that of the euro zone, its government debt yields are higher and currencies are expected to appreciate or ease only mildly over the next year. The forint firmed by 0.4 percent to 307.20 by 1014 GMT,...

  • BUDAPEST/ WARSAW, Sept 22- Most Central European assets firmed on Thursday amid a cautious rise in risk appetite after the U.S. Central Europe's economic growth outpaces that of the euro zone, its government debt yields are higher and currencies are expected to appreciate or ease only mildly over the next year. Both currencies firmed by 0.3 percent by 0857 GMT,...

  • *Equities mostly track rebound in Western Europe, Asia. BUDAPEST/ WARSAW, Sept 21- Equities in Central Europe rebounded on Wednesday, except in Poland where continuing concerns over a possible constitutional crisis weighed on the country's assets. On Tuesday the forint weakened because Hungary's central bank eased policy, capping the year-end level of funds...

  • WARSAW, Poland— Air China has started regular flights between Beijing and Warsaw, the first ever direct connection to Poland by any Asian airline. Poland's main airline, LOT, is already flying to Beijing and the number of passengers has been growing as business ties intensify. Warsaw's Chopin Airport wrote in a tweet Wednesday that Air China launched its service...

  • *Equities mostly track rebound in Western Europe and Asia. BUDAPEST/ WARSAW, Sept 21- Equities in Central Europe rebounded on Wednesday, tracking Western European stocks, except in Poland where continuing concerns over a possible constitutional crisis weighed on the country's assets. It eased on Tuesday because Hungary's central bank eased policy, capping...

  • Netflix, which first launched in Poland in January, said on Tuesday that 80 percent of its streamed content available in central and eastern Europe's most populous country now has Polish subtitles or lectors. Chief Executive Officer Reed Hastings said Netflix also planned to produce content in Poland in a push to promote local movies that may be of interest to...

  • LONDON/ WARSAW, Sept 19- South Africa's Naspers is set to receive at least four bids for Allegro in a deal that could value Eastern Europe's No.1 auction website at up to $2.2 billion, sources familiar with the talks said on Monday. The sources said Advent had teamed with U.S. private equity fund Hellman& Friedman; Apax Partners with Canada's CPP Investment Board;...

  • *Hungary's stock index at nine-year high after S&P upgrade. BUDAPEST, Sept 19- Hungarian assets jumped on Monday after Standard& Poor's unexpectedly upgraded the country's credit rating late on Friday, with the Budapest stock market index jumping to a nine-year high and outperforming the region. The yield on 10- year bonds fell by 12 basis points to 2.84 percent,...

  • BUDAPEST/ WARSAW, Sept 16- The forint jumped to its firmest levels since early March on Friday after a surprise upgrade in Hungary's credit rating from Standard& Poor's. Investors had expected the agency to keep Hungary's ratings unchanged in' junk' category at' BB+/ B' and some analysts projected a rise in the rating outlook to positive. This is the second upgrade to...

  • BUDAPEST/ WARSAW, Sept 16- Polish state-run energy firms led Warsaw stocks lower on Friday, bucking the trend in Central Europe, after news they plan to jointly buy French power group EDF's local heating companies. A government drive to increase its influence in businesses including banks has helped make the Warsaw bourse the region's worst performer after...

  • The resolution by the European Parliament, backed by 510 deputies against 160 with 29 abstentions, is not binding, but is a further step in a process that could end with Poland losing its voting rights in the 28- nation bloc. It follows a formal recommendation by the European Commission on July 27 for Poland to implement within three months measures to protect the...

  • *Regional yields track euro zone, Poland the most vulnerable. BUDAPEST/ WARSAW, Sept 14- Central European long-term government bond yields rose on Wednesday, led by Poland, tracking euro zone yields driven up by doubts over further European Central Bank monetary easing. Euro zone yields were near their highest levels since British voters decided in June to quit...