Europe Top News and Analysis Poland

  • Zelenskiy said he had not known that U.S. military aid to Ukraine had been blocked at the time of the call. The U.S. House of Representatives has launched an impeachment inquiry against Trump, focused on whether he used congressionally approved aid to Ukraine as leverage to pressure Zelenskiy to investigate former Vice President Joe Biden, one of Trump's main...

  • PRAGUE, Oct 10- The Czech crown eased on Thursday after consumer prices dropped the most on a monthly basis in 13 years, taking some pressure off the Czech National Bank to consider tightening its policy. With central Europe's economies still on solid ground, and having not yet felt the full impact of a slowdown in Germany and the euro zone, central Europe's rate...

  • Zelenskiy said he had not known that U.S. military aid to Ukraine had been blocked at the time of the call. The U.S. House of Representatives has launched an impeachment inquiry against Trump, focused on whether he used congressionally approved aid to Ukraine as leverage to pressure Zelenskiy to investigate former Vice President Joe Biden, one of Trump's main...

  • *Rapeseed area in France may rise slightly but remain low. *More wheat, less rapeseed seen in Britain and Poland. But widespread rainfall since late September, notably in top European Union grain producer France, has provided some relief.

  • BUCHAREST, Oct 7- Central European currencies edged lower on Monday, led by the zloty, following a consumer-friendly court ruling on Polish mortgages held in Swiss francs that has raised concerns over the impact on Polish banks. This means a permanent pressure on the zloty, " ING said in a note. Poland is also facing a parliamentary election next Sunday but this...

  • President Donald Trump comments on the September jobs reports, the U.S. economy and the formal impeachment inquiry.

  • US President Donald Trump speaks to the press as he departs the White House in Washington, DC, for his annual visit to Walter Reed National Military Medical Center, on October 4, 2019.

    President Donald Trump comments on the September jobs reports, the U.S. economy, China and the formal impeachment inquiry.

  • President Donald Trump comments on the September jobs reports, the U.S. economy and the formal impeachment inquiry.

  • The average LNG price for November delivery into northeast Asia was estimated at $5.55 per million British thermal units, down from $5.75 per mmBtu last week. On the Platts window, Shell sold a cargo to Vitol for delivery between Nov. 28 and Dec. 2 to Tianjin, China for $6.25 per mmBtu. On Friday, Kinder Morgan's Elba Island plant in the U.S. state of Georgia became the...

  • India cuts interest rates and growth forecast. Federal Reserve increased after weak data readings raised doubts about the health of the world's top economy, while Hong Kong stocks slumped after emergency powers were invoked. "The Fed will need to cut rates, whether some members want to or not is another story," said Stephen Innes, Asia Pacific market strategist at...

  • PRAGUE, Oct 4- Central Europe's leading currencies should firm against the euro over the next year, lifted by solid growth once global worries calm, although the expected gains will be less than previously forecast, a Reuters poll showed on Friday. The Czech crown, Polish zloty and Hungarian forint have struggled to reverse losses suffered in the last two months...

  • LUXEMBOURG/ WARSAW, Oct 3- The European Union's top court ruled on Thursday in favor of Polish consumers who took out mortgages in Swiss Francs, allowing them to ask Polish courts to convert the loans into the local currency in a blow for lenders. "The potential consequences of the ruling will be spread over time," Poland's second-largest lender Santander Bank...

  • WARSAW, Oct 3- The Polish zloty strengthened and banking stocks in central Europe's largest economy were mixed after the European Union's top court ruled on Thursday in favor of Polish consumers in a long running dispute over Swiss franc mortgages. Ahead of the ruling, the zloty strengthened against the euro to 4.3604 before weakening to 4.3661 and finally...

  • WARSAW, Oct 3- Poland is monitoring the situation in the banking sector situation constantly and will take actions if necessary, Finance Minister Jerzy Kwiecinski said on Thursday. Kwiecinski added that the Polish banking sector was prepared for the decision of the EU's top court. The European Union's top court ruled on Thursday in favour of Polish consumers...

  • LUXEMBOURG, Oct 3- The European Union's top court ruled on Thursday in favor of Polish consumers who took out mortgages in Swiss Francs, allowing them to ask Polish courts to convert their loans into the local currency. "The position of Polish consumers who took out Swiss franc denominated mortgages was strengthened by the ECJ ruling," Finance Minister Jerzy...

  • LUXEMBOURG, Oct 3- The European Union's top court ruled on Thursday in favour of Polish consumers who took out mortgages in Swiss Francs, allowing them to ask Polish courts to convert their loans into the local currency. "In loan contracts concluded in Poland and indexed to a foreign currency, unfair terms relating to the difference in exchange rates cannot be...

  • PRAGUE, Oct 2- Hungary's forint led central European currencies higher on Wednesday during a seesaw week, while further gloom from major world economies pushed the region's stock markets lower. The zloty has drifted this week ahead of a European Court of Justice ruling on Thursday on whether a bank in Poland broke the law when it sold mortgages denominated in...

  • BERLIN, Oct 1- Uncertainty and the bureaucratic fall-out from the trade war between China and the United States is set to cost the export-oriented German economy 30 billion euros in growth this year, newspaper Die Welt reported. "In the current year we will hardly cross the zero line in terms of export growth, meaning that we will more than 30 billion euros' less...

  • currencies ease@ BUCHAREST, Sept 27- Central European stock markets rose on Friday with Bucharest hitting an 11- year high after FTSE Russell announced it would assign Romanian equities "secondary emerging" market status from September 2020. By 0930 GMT, Prague and Warsaw were each up 0.5% on the day, with Budapest rising 0.7%. The Bucharest Stock Exchange has 84...

  • Thomas Kurian, CEO of Alphabet's Google Cloud, speaks at the Google Cloud Next conference in San Francisco on April 9, 2019.

    Google announced Friday it will open a new cloud hub in Poland as the tech giant seizes on growing sales across Europe.