Nearly 100,000 EU-co-financed projects completed in current perspective

The Polish funds and regional policy minister has said that nearly 100,000 investments, co-financed by the EU and worth PLN 550 billion (EUR 119.5 billion), have been completed during the current EU financial perspective.

"The share of the funds from the EU Multiannual Financial Framework (MFF) has reached nearly PLN 340 billion (EUR 73.9 billion), or 93 percent of the accessible financial envelope," Minister Grzegorz Puda told a Polish Radio programme on Tuesday.

Puda went on to say that the EU funds helped finance Covid-related spending during the first period of the coronavirus pandemic. "The funds were mainly used to co-finance the healthcare sector, purchase ambulances and adjust hospitals for Covid patients," he said.

NextGenerationEU is an EU response to new threats and challenges caused by the coronavirus pandemic. The Recovery and Resilience Facility (RRF) is the centrepiece of the EU Recovery Fund.

Poland, which is to receive ca. EUR 76 billion from the EU Cohesion Policy in the years 2021-2027, has already motioned for EUR 23.9 billion in grants and EUR 11.5 billion in loans available to support reforms and investments undertaken by EU countries.