In Brief: Interest rates; PKO BP privatization; Euroinvest Saller; Bauer

Today the National Bank of Poland will meet to decide whether to change interest rates. Analysts believe rates will remain unchanged at this year's final sitting of the Bank. (Reuters) ... During a press conference yesterday representatives of PKO BP announced that the bank's debut on the Warsaw Stock Exchange can be expected during Q4 2003. By the end of 2002 the largest retail bank will announce a tender for a privatization adviser. (Rzeczpospolita, p. B7) ... German construction company Euroinvest Saller, which won a bid to build a commercial center in Szczecin four years ago, is demanding zl. 8.5 million compensation from the city council due to the fact that the contract was broken by the city mayor, who claimed that he will not sell land to a German company. Currently the case is being studied by the Supreme Court. (Puls Biznesu, p. 9) ... Bauer publishing, and its subsidiary Media Styl, has announced its decision to trust its advertising budget for 2003 to Mediaedge. Although the sum was not revealed, Agnieszka Janowicz, the head of the advertising department claimed 80% of it will be devoted to television campaigns. (Rzeczpospolita, p. B4) A.K.