Tax & Spend
Polish Fiscal Risks Cast Shadow Over Tusk’s Renewed Mandate
The Palace of Science and Culture on the city skyline in Warsaw, Poland.
Photographer: Bartek Sadowski/BloombergPoland’s Prime Minister Donald Tusk failed to dispel doubts about his weakened government’s agenda despite winning a parliamentary vote of confidence in his cabinet.
The zloty and Polish bonds gained while Warsaw-listed stocks pared losses as Tusk’s victory averted the worst-case scenario for markets, which would have seen his pro-European Union coalition collapse after a nationalist won June 1 presidential elections.