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Poland - Factors to Watch May 8

Poland - Factors to Watch May 8

Foxconn Technology Co., Ltd.May 8, 20264
Poland - Factors to Watch May 8

About this update from Foxconn Technology Co., Ltd.

The following are significant news stories, press reports and events on Friday. ALL TIMES GMT (Poland: GMT + 2 hours):SAFE FOR POLANDA loan agreement under the SAFE program will be signed in Warsaw on Friday, granting Poland up to 43.7 billion euros in low-interest loans. These funds will be used to enhance Poland's military security, the government press office reported.INTEREST RATESThe likelihood of monetary policy tightening in Poland has increased and interest rates could rise if inflation exceeds the upper limit of the target range and forecasts indicate it will remain elevated, the central bank governor said on Thursday.EV MANUFACTURING HUBElectroMobility Poland will partner with Taiwan's Foxconn TWSE:2354 to develop an electric vehicle production and research hub in southern Poland, the state-backed company said on Thursday, advancing plans to create an EV champion as European demand picks up.DEBTOn Friday, the Polish Ministry of Finance will offer Treasury bills worth 3.0-6.0 billion zlotys ($832.57 million-$1.67 billion).POLES ON THE EUIf a referendum on Poland's exit from the European Union were held today, only 15% of Poles would vote for Polexit, Gazeta Wyborcza reported, citing a poll by Opinia24.****Reuters has not verified stories reported by Polish media and does not vouch for their accuracy.****For other related news, double click on:Polish equities E.Europe equitiesPolish money Polish debtEastern Europe All emerging marketsHot stocks Stock marketsMarket debt news Forex newsFor real-time index quotes, double click on:Warsaw WIG20 GPW:GPW Budapest BUX BET:BUX Prague PX PSECZ:PX($1 = 3.6033 zlotys)

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