Poland's drive for mass privatization and further economic reforms will likely remain stymied until its first free parliamentary elections are held on Oct. 27. Facing a looming collapse of state industry, Prime Minister Jan Krzystof Bielecki requested special powers to bypass the legislature for several months and pass laws, including a new industrial policy, by decree. But on Sept. 14, Parliament narrowly failed to grant the two-thirds majority needed to approve the request. The special powers would also have expanded the mandate of President Lech Walesa.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.
- Smartphones Are Killing Americans, But Nobody’s Counting
- Why a Pub in the Middle of Nowhere Was Named the World’s Best Restaurant
- Gulf Coast Oil Spill May Be Largest Since 2010 BP Disaster
- Marc Faber Asked to Leave Sprott Board After Racist Report
- Airbus Snaps Up Bombardier Jet in New Challenge to Boeing