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Poland’s new political elite: President Lech (l) and his brother Jaroslaw Kaczynski |
The policies of Poland’s new government could have a detrimental impact on the country’s goal of joining the euro by 2010, analysts say. This, in turn, is expected to have a negative effect on the country’s domestic debt, which had been taken up by an influx of non-resident buyers in the past 12 months on the expectation of a post-election outlook favourable for EMU convergence.
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