7 Comments

Interesting to see how Poland's reluctance to join the Euro fits in with their Constituional Court's recent decision that ECHR does not have jurisdiction over recent changes to the judiciary. While there are plenty of economic arguments against joining the Eurozone as set up now, their refusal to integrate in the European juridical system seems a lot less defenseble.

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they have something like Euro 70Bn in sanctions pending from EU!

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Not getting a gift isn't exactly a sanction. I'm fully aware that the term "gift" in this context is as wrong as the term "sanctions". But it brings some perspective into what is really happening. Poland wants to enjoy the transfer of wealth within the EU, but doesn't want to accept the responsibilities that come with being a member of the EU.

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I would NOT frame those as sanctions - they are withheld European funds caused by Poland not living up to their rule of law requirements under EU legislation.

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interesting point. The line between "sanction" and "withholding of funds". But frankly, it means 0 to me. It only tells me that the withholding itself will be soon retracted/forgiven, in which case the EU means 0 too.

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Polish Central Bank Chief is rather funny. "When the war is over.....". LOL.

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Is anyone thinking about a full-scale realignment of trade? If Russia is permanently pushed out of the WTO (if that's even possible) and if China continues to side with Russia in this continued genocide, can the world readjust trading practices and alliances? Would this open new opportunities, or is it most likely that everyone returns to 'business as usual' until Putin invades yet another sovereign country? I guess I'm asking whether other options, albeit challenging in the short-term) are even possible?

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