bne:Chart - Polish opposition PiS pulls away in election poll

By bne IntelliNews August 12, 2015

Henry Kirby in London -

 

Poland’s opposition Law and Justice (PiS) party has registered its biggest lead to date over the incumbent Civic Platform (PO) party in the run-up to the October parliamentary elections, according to the latest opinion polls.

Poland’s ruling party appears to be on course for a heavy electoral defeat at the hands of the Eurosceptic PiS, with the right-wing party’s lead growing to over 20 percentage points (pp) after the latest round of polling, published on August 8.

Despite steering the country through eight years of uninterrupted growth, which has seen Poland’s economy expand nearly 28% (Germany’s grew by 12.1% over the same period), many Poles appear to be seeking an alternative to PO’s regime of fiscal conservatism, with the PiS promising populist measures like a lower retirement age and an increase in state benefits.

The swing in public opinion away from the ruling PO party follows the shock victory in May’s presidential election of PiS’ Andrzej Duda, who ousted the PO incumbent Bronislaw Komorowski.

PiS’ proposed fiscal liberalism and Eurosceptic rhetoric already appears to be spooking investors months before the October 25 election. Since polling began in May, the Warsaw Stock Exchange’s WIG index has fallen by over 6%.

 

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