Poland to raise stake in KGHM

Treasury Minister Dawid Jackiewicz told Polish daily Dziennik Gazeta Prawna the Poland may consider raising its stake in copper giant KGHM to around 40 percent from 31.8 percent if it has the funds. "My dream is for example to raise the treasury's stake in KGHM to a level close to 40 percent," Dawid Jackiewicz was quoted as saying. "For the time being it remains part of some plans and projects. But if proper funds come up I will consider such action." Jackiewicz also said that he did not plan to merge Poland's biggest lender PKO BP with the region's biggest insurer PZU, but would support their plans to buy smaller rivals from foreign investors.