Traders show their approval for Hausner Plan
"Political factors look more supportive, after the government apparently gained the support of 15 independent deputies," said Credit Agricole Indosuez in a research report published yesterday. "They will now vote for the Hausner fiscal reforms. We continue to view the plan as wholly inadequate... but the apocalyptic scenario being constructed by some market players at the start of this week looks less and less likely," the report continued. Hausner, is trying to push a plan through parliament this week which includes cuts in defense and welfare spending. The government hopes this will reduce the country's debt, which risks breaching a statutory debt limit of 60% of GDP. (www.onet.pl) A.Z.