WARSAW, Oct 10- Poland's inflation and growth projection, which the central bank will release next month, will probably show the need for an interest rate cut, a central banker said on Wednesday.
WARSAW, Oct 10- Poland plans to float the country's fourth-largest utility Energa on the Warsaw Stock Exchange in the middle of 2013, Treasury Minister Mikolaj Budzanowski said on Wednesday. "We don't know yet how large of a stake we will sell," Budzanowski was quoted as saying in a presentation displayed at an industry seminar.
WARSAW, Oct 10- Poland, which is offering a 50 percent stake in local utility ZE PAK in the country's largest initial public offering this year, values the whole group at 1.72 billion zlotys, PAK said in its prospectus published on Wednesday.
PRAGUE, Oct 10- Here are news stories, press reports and events to watch which may affect Czech financial markets on Wednesday. PRAGUE- The Czech cabinet to hold a session, to debate fiscal constitution. PRAGUE- Czech President Vaclav Klaus to meet his Germany counterpart Joachim Gauck.
Here are news stories, press reports and events to watch, which may affect Poland's financial markets on Wednesday. Would-be investors in ZE PAK, eyeing jittery financial markets and the Polish utility's ageing plants, are likely to drive a hard bargain in a flotation which may not achieve a market value much above 1.5 billion zlotys.
Slovakia will join a group of European Union countries that want to introduce a common tax on financial transactions, Vazil Hudak, the country's secretary of state told his EU counterparts during discussions in Luxembourg on Tuesday.
WARSAW, Oct 10- Poland would prefer selling a stake in its top lender PKO BP only to financial institutions, rather than through a secondary public offering directed at the whole market, a government official was quoted as saying on Wednesday.
There were large blocks of empty seats at some stadiums at the 2010 World Cup in South Africa and this year's European Championship in Poland and Ukraine. At the Leaders in Football conference on Wednesday, FIFA marketing director Thierry Weil said sponsors would have to name the people using tickets two or three days before matches in Brazil.
*Azeri Nov exports to rise, Iraq cuts OSP for Europe. In the Platts window, BP bid in the Baltic for an Oct 22-26 Urals cargo at dated Brent minus $1.30 a barrel, some 30 cents stronger than on Monday, and Exxon bid for an Oct 20-24 cargo at dated Brent minus $1.35, traders said.
Thirty-seven years in the making, the $160 million national soccer center at Burton-upon-Trent in central England will be the permanent home for all 24 of England's senior and junior teams and the training base for aspiring coaches.
By Agnieszka Barteczko and Maciej Onoszko. WARSAW, Oct 9- Would-be investors in ZE PAK, eyeing jittery financial markets and the Polish utility's ageing plants, are likely to drive a hard bargain in a flotation which may not achieve a market value much above 1.5 billion zlotys.
Electricity for Wednesday delivery in the Czech Republic, Slovakia and Hungary gained nearly 12 percent to 51.77 euros per megawatt hour on regional exchanges. Since then Hungary has helped to narrow- and often erase- the typical Czech and Slovak discount to Germany.
Poland, which hopes tapping into previously inaccessible shale gas reserves will reduce its reliance on costly gas supplies from Russia, has postponed the publication of the law several times in the past few months.
BELGRADE, Oct 9- Serbia's central bank raised its benchmark interest, already the region's highest, by 25 basis points to 10.75 percent on Tuesday, reflecting rising inflation and debt concerns.
WARSAW, Oct 9- Poland's government will approve a long-awaited new shale gas law during its sitting next week, Prime Minister Donald Tusk said on Tuesday. We will be approving this draft at the government's sitting next week, "Tusk said at a news conference.
BELGRADE, Oct 9- Serbia's central bank increased its benchmark interest rate, already the highest in the region, by 25 basis points to 10.75 percent on Tuesday, reflecting concerns over rising inflation and debt.
LONDON, Oct 9- Emerging stocks were little changed on Tuesday as hopes that China's markets could be opened up further to offshore investors counterbalanced growth warnings from the International Monetary Fund.
BUDAPEST, Oct 9- Emerging European currencies were mostly flat on Tuesday with markets digesting weaker global growth forecasts from the IMF and Czech inflation data which met expectations.
*PBG CEO mulls merger between "several vital entities". WARSAW, Oct 9- Troubled Polish builder PBG. PBG has been in bankruptcy protection since a series of contracts linked to the Euro 2012 soccer tournament went sour, and the Dziennik Gazeta Prawna quoted its chief executive, Wieslaw Rozacki, as saying a merger could be a solution.
STOCKHOLM, Oct 9- Skanska AB:.