Bronislaw Komorowski probably fell short of a majority in Poland’s presidential elections, setting up a runoff with Jaroslaw Kaczynski that may determine how quickly the country pursues euro adoption and deficit reduction, exit polls and early returns show.
Jaroslaw Kaczynski ’s stronger-than- expected performance in losing the July 4 presidential election may revitalize the opposition, damping optimism for government plans to reduce the budget deficit, political scientists said.
Polish voters may give the government more clout to pursue euro adoption and asset sales by backing the ruling party’s candidate in June 20 presidential elections that follow the death of Lech Kaczynski , the previous head of state.
Polish corporate wage growth reached 5 percent annually for the second month and job gains quickened, buttressing the case for an interest rate increase next month after January’s faster-than-expected surge in inflation.
Poles began voting today in elections that may unite the presidency and prime minister’s office under the ruling party, strengthening the government’s ability to pursue euro adoption and state asset sales.
Poland’s opposition Law & Justice party leader Jaroslaw Kaczynski will run for the presidency, seeking to succeed his twin brother Lech, who was killed in a plane crash on April 10, a party official said.