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Sarajevo Times > Blog > WORLD NEWS > Von der Leyen announced the Unfreezing of EU Funds for Poland
WORLD NEWS

Von der Leyen announced the Unfreezing of EU Funds for Poland

Published February 23, 2024
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The head of the European Commission, Ursula von der Leyen, says that next week two decisions will be made on EU funds for Poland, which will unfreeze a total amount of up to 137 billion euros.

Gaining access to financing will provide a dramatic investment boost to Poland’s economy, which has been rocked by the aftermath of the war in neighboring Ukraine.

“I have good news,” said the president of the European Commission, Ursula von der Leyen, at a press conference in Warsaw.

“Next week, the collegium will present two decisions on European funds that are currently blocked for Poland,” she announced.

The positive decision means that Warsaw will be able to use around 60 billion euros intended for the economy to recover from the COVID-19 pandemic and move away from fossil fuels.

Poland could also access around 76.5 billion euros of cohesion funds to help raise living standards in poorer EU member states.

In turn, the pro-European government of Donald Tusk faces the task of moving away from the policies of the previous nationalist Law and Justice (PiS) government, which was embroiled in a dispute with the EU over judicial reforms and interventions in state media.

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