To lose one finance minister is a misfortune, to lose two looks like carelessness (photo: Gilowska with Prime Minister Marcinkiewicz as he puts in the knife).
Zyta Gilowska became the second finance minister to be thrown out of the Polish government in six months. The first, Teresa Lubinska was just hopeless, really. Zyta has been given the boot because of allegations that she covered up contacts she had with communist era secret services.
Markets wobbled all over the place today, especially the currency markets. The zloty is trading as I write to the Euro at 3.12…this morning it was 3.01.
See more of that story here and here.
Update: Who is the mysterious 'Ula', a friend of Zyta Gilowska, whose husband was in the secret services and is the author of the allegations against the now former finance minister? It now appears that Gilowska has been set up by political opponents. And who is the new finance minister, Pawel Wojciechowski? Jaroslaw Kaczynski, for one, hasn't a clue.
For more on this see Polish Outlook here and then here.
Friday, June 23, 2006
Posted by beatroot at 6/23/2006