Liberal POland wins elections

MG
opublikowano: 2007-10-22 12:18

Warsaw (Puls Biznesu) - PO, the Citizen’s Platform, won parliamentary elections in Poland yesterday with 41.64% of votes, according to the results as of 8.45 a.m. (90 percent of all votes counted). Law and Justice (PiS) ruling party got 32.04 percent of votes. Lid leftist party got 13.17 percent while peasants’ party PSL 8.83 percent of votes. Populist Samoobrona and LPR did not exceed the level allowing to enter the parliament. Over 53.8 percent of Poles voted in the elections, the highest turnout since 1993.

The results meet the hopes of entrepreneurs. Out of 300 of companies polled for „Puls Biznesu”, 54 percent said they would vote for PO, only 12 percent would support PiS and LiD, and only 2 percent PSL.

Business representatives advise PO to join forces with PSL.

„This would be a majority allowing to reject president’s veto. Besides, we need a government representing as many people as possible”, Bogusław Grabowski, TFI Skarbiec fund CEO, earlier member of the Monetary Policy Council, believed.

Zbigniew Zurek, Business Center Club deputy CEO and Andrzej Malinowski, the president of the confederation of private employers KPP agree with him.

„Both parties cooperate well at local authorities. Coalition is a hope for good economic politics. PO and LiD would also be a coalition favorable for our companies. The companies used to vote similarly on economic issues”, Andrzej Arendarski, the CEO of the national economic chamber KIG added.

 

Analysts are more cautious and less optimistic about PO.

„Declarations made during the campaign limit PO’s ability to make a decisive step. The situation is thus different than two years ago. President’s reactions will be crucial here. You can’t expect him to hinder implementing laws increasing liberty or transparency of business”, Lukasz Tarnawa, PKO BP chief economist said.

He added that entrepreneurs may hope for numerous decisions cutting the number of taxes and fees. Jacek Wisniewski, Raiffeisen Bank chief economist warns that PO may need to change its program.

„It is going to happen in case of a coalition. Although PO is known to have made many promises positive for the business, I don’t see a leader there who would supervise economic changes”, Jacek Wisniewski said.

Businessmen, however, welcomed the results of parliamentary elections.

“PO has a chance to found a really good government supporting entrepreneurs. I expect PO and LiD will build a coalition. I hope they will reduce taxes as promised. I hope the new government will use EU funds much better”, Marek Falenta, Electus CEO said.

“Entrepreneurs have recently hesitated to take investment risk. It was believed that it’s better not to do anything than to face suspicions. It should change now, which means economic growth. The scale of the growth depends on the coalition”, Jerzy Berhard, Stalprofil CEO said.

“PO victory should result in better understanding of problems the companies face. If so, the whole economy will be advantaged. It’s important that politicians stop quarrelling at last. There are really so many problems waiting to be solved. Poland cannot afford further quarrels and clashes”, Dariusz Sapinski, Mlekovita CEO said.

“The last week of campaign when privatization of hospitals was being used as a threat (PiS said PO was going to do this) was a very difficult experience to us. I hope that there will be a serious discussion on the health sector which, next to education, is the last branch where the free market has a lot to catch up with. The liberalization of the system promised by PO gives hope there will be reforms”, Roman Walasinski, Swissmed CEO said.

“I’m very happy with PO success. I hope for quicker privatization, simpler taxes and sooner implementation of the euro”, Maciej Fedorowicz, Gino Rossi CEO said.