EU to Unfreeze Massive Funds for Poland After Talks with New Prime Minister

1 min read
Source: The Associated Press
EU to Unfreeze Massive Funds for Poland After Talks with New Prime Minister
Photo: The Associated Press
TL;DR Summary

The head of the European Commission, Ursula von der Leyen, announced that decisions will be made next week to release 137 billion euros to Poland, funds previously frozen due to the previous government's anti-EU policies. The release of funds is a result of Poland's efforts to restore democratic values and the rule of law. The money will come from the EU's Next Generation fund to aid COVID-19 recovery and the cohesion fund for infrastructure development. Additionally, 1.4 billion euros will go to farmers protesting tax-free imports from Ukraine. The release of funds follows Poland's shift to a pro-EU government, and discussions also covered European security and support for Ukraine.

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