Poland hopes EC will okay its National Recovery Plan this month

Poland is hoping to get approval this month from the European Commission (EC) of its planned use of EU pandemic recovery funds, deputy funds minister has said.

Poland submitted its draft of the National Recovery Plan to the EC on May 3, and has now completed negotiations with Brussels over how the funds will be spent.

"Since May, we have been discussing the final shape of individual milestones and indicators with the European Commission... we hope that the Polish KPO (National Recovery Plan - PAP) will be approved in July," Deputy Minister of Funds and Regional Policy Waldemar Buda was quoted as saying in a press release.

He said that the European Commission had accepted Poland's commitment to expand its power generation capacity in the field of photovoltaics and onshore wind energy to 23.5 gigawatts by the second quarter of 2026.

"This is a much more ambitious level than the National Programme for Energy and Climate envisages," he added.

All EU countries had to submit a plan if they wanted to gain access to the EU's multi-billion euro post-pandemic aid package.

Under the Recovery Fund, Poland could receive some EUR 58.1 billion, including EUR 23.9 billion in grants and 34.2 billion in loans.