Poland Is Winning Over Investors With Pivot Back to Europe
- Zloty, Warsaw stocks jump as Poland set for pro-EU government
- Political shift may unlock EU aid, boost $700 billion economy
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Investors are delivering a clear verdict on Poland’s elections with a rally that’s defied the global markets selloff.
The country’s assets were at the top of rankings this week on the expectation of a new pro-European administration grabbing power in Warsaw after eight years of populism. The zloty has gained 2.4% against the dollar since Sunday’s vote, beating all 30 of the world’s other major currencies. Warsaw’s WIG20 stock index advanced almost 3%.