Poland gets first payment of EU recovery funds

Poland has received €6.3 billion under the European Union’s recovery fund, the first payment of its kind.

The payment, confirmed on Monday, ends a long wait for the country, whose national plan was approved in June 2022 but remained blocked over persistent concerns about a lack of judicial independence and democratic backsliding.

Euronews reports that the decline was credited to Law and Justice (PiS).

Poland’s share of the recovery fund, a total of €34.5 billion in low-interest loans and €25.3 billion in non-repayable grants, stood frozen until Donald Tusk took over as Prime Minister and began tabling legislation to undo the PiS-era legacy.

Discover more from The Dispatch

Subscribe now to keep reading and get access to the full archive.

Continue reading

Verified by MonsterInsights