Skip to content
Advertisement

Business

Early election better than bad budget say businesses

However, recently one of these quiet days has erupted into an open row. Andrzej Lepper has refused to support the budget draft in its current form, due to too low social welfare spending. This has in turn triggered the chief of the Law and Justice (PiS) parliamentary club, Marek Kuchcinski, to declare that PiS had lost its trust in Andrzej Lepper. Kuchcinski then called on SelfDefense's MPs to join PiS, which is waiting until today for reasonable coalition support of the budget draft. If it fails to gather support, PiS will vote in favor of dissolution of the Sejm and an early election. Having recently talked with all political leaders, the leader of the Civic Platform (PO), Donald Tusk, said that no party had offered a sensible solution to the problem. He doubts there will be a stable majority in this parliament and is calling for talks on the government's resignation. The bourse reacted by falling, the zloty weakened, while profitability of treasury bonds increased. Right now businesses prefer a new election to a bad budget.(Puls Biznesu, pp.1,2,4-5)

More from Business All