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The Warsaw Voice

The Warsaw Voice

The Warsaw Voice
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Poland Hails Historic $8 Billion Sale of Dollar Bonds

Poland Hails Historic $8 Billion Sale of Dollar Bonds
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Explainer-What the EU s $149 billion boost means for Poland

Polish Prime Minister Donald Tusk has secured the release of funds worth up to 137 billion euros from the European Union, ending years of feuding with Brussels over democratic standards in a boon to central Europe's largest economy. Last December, a coalition of pro-EU parties took power, ousting the nationalist Law and Justice (PiS) party after eight years marked by frequent clashes with the European Commission, notably over judiciary reforms the Commission said harmed the independence of Polish courts. PiS said the changes were necessary to make the system fairer and more efficient and rid it of vestiges of communism.

What the EU s $149 billion boost means for Poland

Polish Prime Minister Donald Tusk has secured the release of funds worth up to 137 billion euros from the European Union, ending years of feuding with Brussels over democratic standards in a boon. -March 12, 2024 at 08:40 am EDT - MarketScreener

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