EC grants Poland EUR 1 bln to protect jobs
The European Commission (EC) has announced that it has paid Poland EUR 1 billion to help protect jobs and maintain employment, as well as granting money to Italy and Spain, the countries most heavily impacted by the crisis caused by the coronavirus pandemic.
EC President Ursula von der Leyen wrote on Twitter in Polish on Tuesday that Poland had received a EUR 1-billion loan thanks to support from the SURE instrument of financial aid related to COVID-19 with the aim of protecting jobs and workers. "It's just the start," she wrote. "Poland will receive a total of EUR 11.2 billion from SURE including for financing mechanisms of reduced working time."
The EC paid out a total of EUR 17 billion on Tuesday to Italy, Spain and Poland in the first part of financial support for those countries. Italy received EUR 10 billion, Spain EUR 6 billion and Poland EUR 1 billion, EC spokesman Balazs Ujvari told a Brussels press conference.
The total amount of all payments from the SURE instrument to help protect jobs stands at EUR 27.4 billion for Italy, EUR 21.3 billion for Spain and EUR 11.2 billion for Poland.