Market Features

Komorowski Wins Polish Election

 

WARSAW, Poland (TheStreet) -- Bronislaw Komorowski of Poland's ruling Civic Platform party won the country's presidential election, defeating Jaroslaw Kaczynski, the identical twin of late President Lech Kaczynski.

Komorowski won 53.01% of the vote vs. 46.99% for Kaczynski.

Komoroski's victory means the government is likely to enact spending limits proposed by the Civic Platform party that are aimed at reducing the country's budget deficit. Komorowski also is expected to push for continued privatization of state-run companies and for reductions in welfare benefits, the AP noted.

The presidential election originally was scheduled for later this year, but the death of former president Lech Kaczynski in a plane crash in western Russia in April required that the election be held earlier. A national tragedy, the crash also claimed the former president's wife as well as top government and military officials.

> > Bull or Bear? Vote in Our Poll

>To order reprints of this article, click here: Reprints

This article was written by a staff member of TheStreet.com.

TheStreet Premium Services

Jim Cramer
Jim Cramer's Action Alerts PLUS:
Trade right alongside a Wall Street pro — enjoy access to his Charitable Trust portfolio and be sent trade alerts BEFORE he makes a move. Learn More
OptionsProfits
OptionsProfits:
Get 50+ trade ideas a week from the industry's top options experts. Plus — exclusive commentary on market trends and essential trading tools. Learn More
Real Money
Real Money:
Our team of professional Wall Street Pros — including Jim Cramer, Doug Kass, and Nicholas Vardy — delivers intelligent analysis, timely trade ideas, and colorful commentary. Learn More
Stocks Under $10
Stocks Under $10:
Break into the market with small- and mid-cap stocks... all $10 or less! David Peltier tells you exactly which low-priced stocks he's buying and selling. Learn More
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
blog comments powered by Disqus
Dow Jones S&P 500 NASDAQ 10-Year Note
12,454.83 1,317.82 2,837.53 17.45
Oil *
107.26
DOWN
74.92
DOWN
2.86
DOWN
1.85
DOWN
0.14
10 Yr
1.74%
SPDR Gold
152.68
-0.60%
-0.22%
-0.07%
-0.80%
Data delayed 20 minutes

Top Stories and Tools

Articles From

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

We respect your privacy.
Podcasts

Connect with TheStreet