Poland doesn't face a rising risk of inflation and some economic reports suggest "inflationary pressure could be lower" than previously assessed, governor of the National Bank of Poland (NBP) Slawomir Skrzypek has told Bloomberg.

The inflow of foreign direct investments (FDI) to Poland may reach EUR 9bn this year, the chairman of the Polish Information and Foreign Investment Agency (PAIiIZ) Slawomir Majman estimated on Tuesday. This would be a slight improvement in comparison to 2009, when the FDI volume was estimated at EUR 8.6bn.

Sweden's power group Vattenfall still does not rule out its participating in the tender for the majority stake in listed power group Enea, in which it holds 18.67%, the Parkiet daily reported. 

Over one-third (34%) of enterprises surveyed by employers' organisation PKPP Lewiatan plan to increase their investments this year, while merely 7% of them declare they would cut down on their investments. However, the research's author Malgorzata Starczewska-Krzysztoszek said, as quoted by the "Rzeczpospolita" daily, that companies were more cautious in their investment plans now.

Getin Noble Bank - a new entity created in early January through the merger of Getin Holding's Getin Bank and Noble Bank - plans a dynamic development of its credit action this year, and wants to achieve the credits-to-deposits ratio at 95-100% level at the end of the year vs. slightly over 90% at the end of 2009. The bank assumes the several dozen rise of the mortgage loans sales vs. 2009, the bank's acting CEO Krzysztof Rosinski said on Monday.

ECE Projekt management Polska (ECE) developer company is to build Galeria Kaskada shopping centre in Szczecin, at EUR 190mn, ECE's managing director Rafal Twarowski said on Monday. The investment will be financed by German banks Landesbank Berlin AG and Berlin Hyp.

International credit-rating agency Fitch Ratings has removed long-term foreign and local currency issuer default ratings (IDRs) of Poland's biggest oil firm PKN Orlen, at BB+, from rating watch negative, where they were placed on Sep 2, 2009, due to projections of a substantial erosion of PKN's credit metrics; now Fitch has affirmed the two ratings and assigned negative outlooks to them. It also affirmed short-term foreign and local currency IDRs at B.

The European Commission has ruled that the Electronic Communications Office (UKE) must withdraw its plans to regulate the markets for internet traffic exchange services in Poland, the EC has announced.

State-held bank BGK plans to issue the so-called infrastructural bonds, i.e. treasury papers issued in the name of the government's National Road Fund (KFD) to finance road and motorways construction, to the tune of PLN 8bn (EUR 2bn) this year, the bank's CEO Tomasz Mironczuk has announced.

Poland plans to offer 5-year Treasury bonds, denominated in the US dollar, to investors in Asia, deputy finance minister Dominik Radziwill told Bloomberg.

Analyses of macroeconomic conditions of the Polish economy, its neighbours as well as the global outlook, as well as a significant rise of Poland's FX reserves, do not suggest any need for applying for access to the International Monetary Fund's (IMF) flexible credit line (FCL), the National Bank of Poland (NBP) has announced.

The US payrolls gave market a breath but the real employment story is taking place in Canada and Australia. In fact, as the euro is still out of fashion, AUD and CAD may be favorites among majors.