'Good news': Poland to get up to 137 billion euros in funds, says EU chief

European Commission President Ursula von der Leyen walks as she meets with Poland's Prime Minister Donald Tusk at the Chancellery of the Prime Minister in Warsaw, Poland, February 23, 2024. REUTERS/Kacper Pempel

WARSAW (Reuters) -Poland will gain access to up to 137 billion euros ($148 billion) in European Union funds, the head of the EU executive said on Friday, after the new government in Warsaw began implementing reforms it says will restore judicial independence in the country.

Unblocking the cash was a promise made by Prime Minister Donald Tusk's pro-European coalition government, and gaining access to it will provide an investment boost for an economy that has been buffeted by the fallout of the war in Ukraine and is weighed down by weakness in big trading partner Germany.