Daily Management Review

Jyrki Katainen: EU is not a milk cow


05/02/2019


Jyrki Katainen demanded from Warsaw a more substantial contribution to the future of Europe.



European People's Party
European People's Party
Poland should stop treating the European Union as a money making mechanism. Warsaw should make a more substantial financial contribution to the community, said European Commission Vice President Jyrki Katainen.

“The EU is not just a money machine, a cow that you can milk. We expect Poland’s more substantial contribution to the future of Europe,” he told reporters in Warsaw.

Katainen noted that "Poland’s economic development was remarkable" due to membership in the bloc: the country received more than € 100 million in EU funding.

Vice-president of the European Commission believes that because of the conflict with the EU over the rule of law, Warsaw found itself in a weaker position. Back in December 2017, the European Commission launched a procedure that could deprive Poland of its right to vote in the EU Council under Article 7 of the EU Treaty. On 3 April, the EC notified Warsaw of the launch of a new procedure because of claims to respect for the principles of the rule of law and judicial reform.

Theoretically, this could lead to the fact that Poland will lose its right to vote in the EU. At the same time, Katainen acknowledged that Warsaw still has not responded to the threat.

In addition, Katainen noted that Poland is ready to join the eurozone, but the country should accept the single currency only when its economy becomes as strong as the German one.

source: reuters.com






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