In Brief: Elektrim - no progress; TPSA cuts international charges; Vignettes

Elektrim has still not managed to reach an agreement with its creditors. The parties have so far only managed to present their views on the possible methods of debt repayment. Over the last three months Elektrim has already paid its financial advisors and lawyers zl. 40 million. (Parkiet, p. 1) ... TPSA yesterday announced that it will cut its international call charges by up to 43%, and hopes that the long-term effect on its revenues will be neutral or even positive. The cuts become effective on October 1, and apply to 33 countries which account for 77% of TPSA's international traffic. International calls accounts for about 10% of TPSA's revenue. (Reuters) ... Deputy Infrastructure Minister Andrzej Pilat yesterday announced that revenues from introducing the vignette tax would only reach zl. 800 million and not zl. 2 billion earlier forecast. (Rzeczpospolita, p. B3) A.K.