Polish ETFs Could Get Election Boost
Sunday, June 20th, 2010Michael Johnston submits:
Two months after a tragic plane crash on Russian soil claimed the lives of Poland’s president and several top government officials, voters will head to the polls on Sunday to choose between two candidates with drastically different plans for the country’s future. Bronislaw Komorowski, a member of the pro-market Civic Platform party, maintains a moderate lead over Jaroslaw Kaczynski, the identical twin brother of the late president and leader of the conservative Law and Justice Party.
“Voters face a choice between two visions of the country’s future: a smaller state role and more rapid integration with the European Union, or more active government involvement in the economy and a more nationalist foreign policy,” writes Gordon Fairclough. If Komorowski wins, it could smooth the path for Prime Minister Donald Tusk’s plan to privatize state-owned companies, scale back pension programs, and raise the retirement age in an effort to cut the government’s budget deficit.
