EU to Begin Withholding Millions in Polish Funds for Unpaid Fine
- Courts fined Warsaw 500,000 euros a day over a mine closure
- Fine surpasses 50 million euros since imposed in September
Lights illuminate the open pit lignite mine near the Turow power plant in Bogatynia, Poland.
Photographer: Bartek Sadowski/BloombergThis article is for subscribers only.
The European Union is preparing to withhold budget payments to Poland for refusing to comply with a 500,000 euro-a-day ($568,150) fine. The total amount Warsaw owes is now more than 50 million euros.
The European Commission, the bloc’s executive arm, has sent Warsaw three requests for payment and informed the government that a late fee would begin accruing as well, according to a commission spokesperson.