The European Union is reportedly nearing a decision to lift a portion of the sanctions on Poland’s 60 billion euros of suspended funding, despite the ongoing political deadlock in the country.
This development was announced by Valdis Dombrovskis, Vice President of the European Commission under President Ursula von der Leyen, according to Bloomberg News.
Speaking to reporters in Brussels on Tuesday, Dombrovskis conveyed a sense of optimism, highlighting the willingness of Poland’s new government to address issues concerning the rule of law, including judicial reforms.
“There is a lot of readiness to engage from the new government [in Poland] in addressing rule of law issues, including judicial reforms. Therefore, we hope to soon make progress in Poland’s recovery and resilience plan and disburse the first tranche,” he said.
An EU official indicated that the bloc’s legal experts are still assessing Poland’s steps, amidst an overall very positive sentiment. The decision to unlock funds could significantly impact Poland’s economic recovery and resilience in the face of political challenges.
This move by the EU signals a potential thaw in relations with Poland, which have been strained due to concerns over judicial independence and other rule of law issues.
The release of funds is contingent on Poland’s commitment to implementing necessary reforms, which are now seemingly underway. The European Union’s positive outlook towards these developments marks a crucial step in Poland’s journey towards fulfilling EU standards and revitalizing its economic landscape.
