Polish Premier Faces Budget Challenge After Election Win

Polish Prime Minister Donald Tusk, who won yesterday’s general election, must focus on cutting the budget gap to reverse a zloty plunge as investors shy away from the European Union’s biggest eastern country.

Tusk’s Civic Platform is set to win 206 seats in the 460-seat parliament after getting 39 percent of the vote, based on results from 99.5 percent of precincts reporting, the Electoral Commission said today. The Peasants Party, Tusk’s coalition partner for the last four years, would take 28 seats with 8.4 percent support, giving the two parties a majority.