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Moody's Warns That Poland's Probe Into Russian Influence Could Endanger Access To EU Funds

POLAND

PAP newswire has circulated a report from Moody's rating agency noting that Poland could have problems with accessing "significant amounts" of EU funds on the back of its decision to create a controversial panel probing Russian political influence in the country.

  • "We expect the commission's creation to further sour Poland's already strained relationship with the EU over rule of law concerns and endanger access to significant amounts of EU funding."
  • The agency said that without EU recovery funds, "Poland's real GDP growth would be lower by 0.4-1.0pp on average until 2027, though some recovery and resilience plan (RRP) projects are already being launched and pre-financed by the government."
  • The creation of the investigative panel, which is widely seen as targeting opposition politicians ahead of the imminent general election, will add to Poland's problems with accessing EU funds amid existing rule-of-law concerns.
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