Current:Home > StocksEU releasing 5 billion euros to Poland by year’s end as new government works to restore rule of law -RiskRadar
EU releasing 5 billion euros to Poland by year’s end as new government works to restore rule of law
View
Date:2025-04-12 14:29:02
BRUSSELS (AP) — The European Union will by year’s end transfer to Poland the first 5 billion euros in funding that was frozen over democratic backsliding under the previous government, the new Polish prime minister and the European Commission president said Friday.
The money is part of a larger tranche that was held up due to laws passed by the previous national conservative government that eroded the independence of judges — something that the EU deemed to be a violation of the democratic separation of powers.
Polish Prime Minister Donald Tusk said the 5 billion euros ($5.5 billion) was arriving symbolically in time for Christmas. The money is aimed at helping EU nations recover from the energy crisis that followed Russia’s invasion of Ukraine last year, and reduce their dependence on Russian fossil fuels.
“This is not just a gift. This is serious money earmarked for our energy sovereignty and we will try to spend this money very quickly and wisely,” he said at a news conference alongside EU Commission President Ursula von der Leyen on the sidelines of a summit of the 27 member states.
The money will start to flow due to pledges by Tusk’s government to restore the rule of law but more steps have to be taken before it is all released. Tusk and his coalition partners won Poland’s national election pledging to restore rule of law and democratic values.
“We know that the rule of law is very important. It is about our place in Europe. It is about our common values,” Tusk said.
He added that Polish lawyers, prosecutors, judges and citizens “never agreed to Poland without the rule of law. And everyone in their capacity was trying to address this issue.”
Von der Leyen expressed her satisfaction.
“I welcome your commitment to put the rule of law at the top of your government agenda and your determination to address all the concerns that have been expressed over the last years by the European Court and by the Commission,” she said.
veryGood! (1837)
Related
- House passes bill to add 66 new federal judgeships, but prospects murky after Biden veto threat
- All the Shopbop Spring Looks Our Shopping Editors Would Buy With $100
- Khloe Kardashian Confirms Name of Her and Tristan Thompson’s Baby Boy Keeps With Family Tradition
- Michelle Duggar Wears Leggings in Rare Family Photo
- San Francisco names street for Associated Press photographer who captured the iconic Iwo Jima photo
- Harvard University Will Stop Investing In Fossil Fuels After Years Of Public Pressure
- Let's Check In on The Ultimatum Couples: Find Out Who's Still Together
- Here's why a lot of South Koreans suddenly just found themselves a year or two younger
- 2025 'Doomsday Clock': This is how close we are to self
- Russia tries to show Prigozhin’s Wagner “rebellion” over with Shoigu back in command of Ukraine war
Ranking
- California DMV apologizes for license plate that some say mocks Oct. 7 attack on Israel
- Sarah Ferguson, Duchess of York, diagnosed with breast cancer, undergoes surgery
- Biden Is Directing Federal Aid To New Jersey And New York After Ida's Deadly Flooding
- 3 Things To Know About What Scientists Say About Our Future Climate
- EU countries double down on a halt to Syrian asylum claims but will not yet send people back
- Jon Stewart Makes Surprise Return to The Daily Show Nearly 8 Years After Signing Off
- Probe captures stunning up-close views of Mercury's landscape
- Computer Models Of Civilization Offer Routes To Ending Global Warming
Recommendation
Person accused of accosting Rep. Nancy Mace at Capitol pleads not guilty to assault charge
The Great California Groundwater Grab
Every National Forest In California Is Closing Because Of Wildfire Risk
There's A Big Push For Electric Cars, With The White House Teaming Up With Automakers
The FTC says 'gamified' online job scams by WhatsApp and text on the rise. What to know.
Sophie Turner Calls Out Ozempic Weight-Loss Ads
Ukraine security chief claims Wagner boss owned by Russian military officers determined to topple Putin
Thousands Of People Flee A Wildfire Near The French Riviera During Vacation Season