Voting is underway in Poland in a Presidential run-off that will help determine the speed and scale of the country’s economic reforms.
Bronislaw Komorovski is the candidate of the governing, pro-business and pro-euro Civic Platform party. Most opinion polls are predicting that the father-of-five will win.
But his lead has been narrowed in recent weeks by Jaroslaw Kaczynski, the combative, eurosceptic leader of the main right-wing opposition party. He wants to continue the political legacy of his twin brother Lech, whose death in a plane crash in April has prompted the vote.
The markets favour a Komorovski win, anticipating that he will work smoothly with the market-orientated government to rein in a big budget deficit while keeping a fragile economic recovery on track.
Their concern is that Kaczynski, who is against cuts in public spending and privatisation, may use his presidential veto as his brother did, to block reform.