Poland - Factors to Watch Aug 8
Aug 8 (Reuters) - Following are news stories, press reports and events to watch that may affect Poland's financial markets on Monday. ALL TIMES GMT (Poland: GMT + 2 hours):
PEKAO
UniCredit, owner of Poland's No.2 lender Pekao SA, has started talks aimed at issuing new shares, a move which would make less probable that it would sell its Polish unit, Rzeczpospolita daily said, quoting Italian daily Il Messagero.
BANKS
If state-run companies buy Polish arms of Raiffeisen and UniCredit, then more than 50 percent of the banking sector would be controlled by Polish capital. This would secure balance and safety of the domestic banking secor, Treasury Minister Dawid Jackiewicz told Rzeczpospolita.
UNICREDIT
UniCredit Chief Executive Pierre Mustier will come to Poland in September to talk to Polish financial sector regulator KNF about the Italian bank's plans regarding Pekao, Puls Biznesu daily said.
VAT
Polish government does not plan to change VAT rates next year, minister in the Prime Minister's Chancellery Henryk Kowalczyk told Puls Biznesu. He also signalled a tax hike for wealthier people.
****Reuters has not verified these stories and does not vouch for their accuracy.****
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