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Economy / Poland

PO Boost To Privatisation

November 2007 | Ratings Update

Following the Civic Platform's (PO) victory in the October 21 elections, the party has formed a reformist coalition with the Peasants Party (PSL), and has pledged to undertake key reforms, including sounder fiscal policies, adoption of the euro by 2012-13, and to improve the business environment. We anticipate that privatisation will receive a big boost because of the PO's commitment to jumpstarting privatisation. These policies, combined with its promise to rebuild ties with Poland's European neighbours, which were significantly damaged under the leadership of the Kaczynski brothers, are a highly positive signal to investors.

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