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Poland will end the conflict with EC at the end of 2022 or in 2023

00:48

Poland will end the conflict with EC at the end of 2022 or in 2023
Source: gov.p

Poland and Hungary are likely to end their conflicts with the European Commission and unblock payments from the Covid-19 Reconstruction Fund only in the second half of 2022 or in 2023, according to Goldman Sachs economists. According to this influential US investment bank, reaching a compromise "will be easier over time".

The European Commission is withholding the approval of payments to Poland and Hungary under the EU's Facility for Reconstruction and Increasing Resilience (also known as the Reconstruction Fund or RRF), pending the resolution of a dispute over judicial independence over Poland and anti-corruption legislation in Hungary.

“Since several key dates are approaching this year, we will probably see some developments in this regard. Ultimately, we believe that both Poland and Hungary will make concessions to receive EU funds, although there is likely to be a political game of not being able to reach an agreement," the press release reads.

(300gospodarka)

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