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Poland terminates gas contract with Russia ahead of schedule.

by The Kyiv Independent news desk May 23, 2022 1:58 PM 1 min read
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The contract, signed in 1993, was valid until the end of 2022, but Poland decided to terminate it earlier due to Russia's war against Ukraine, reaffirming "the Polish government's determination to become completely independent of Russian gas," Polish Climate and Environment Minister Anna Moskwa said on May 23. "We have always known that (Russian gas giant) Gazprom is not a reliable partner," she said.

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10:35 PM

Hungary loses out on about $1 billion in EU aid.

The aid package was conditional on Hungary implementing reforms to bring the country into compliance with EU standards by the end of 2024. Budapest failed to meet the requirements, a European Commission spokesperson said.
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