Poland to make list of beneficiaries of EU's low-interest loans

Morawiecki noted that the low-interest loan solutions are very advantageous not only for Poland, but also other EU Member States, including the "more frugal" ones. Wojciech Olkuśnik/PAP

The Polish government will prepare a list of projects that could be financed under privileged loans from the EU, Prime Minister Mateusz Morawiecki said on Tuesday.

Poland is to receive around EUR 35 billion in cheap loans that can be taken for up to 15 years from the EU recovery fund approved by the bloc's 27 leaders after almost five days of tense negotiations.

Among the projects to be included on the list, the prime minister mentioned investments in road, rail, energy and IT infrastructure.

"We will now be working on presenting a long list of projects that will pay off, be it roads, bridges, viaducts, railroads, certain elements of energy, IT, digital infrastructure, anything that will help modernise our country," Morawiecki said.

In his opinion, this will allow Poland to keep its specialists in the country by offering better earning opportunities.

Morawiecki noted that the low-interest loan solutions are very advantageous not only for Poland, but also other EU Member States, including the "more frugal" ones. He said that they also strived for them by arguing that the investment mechanisms supressed in the recent months need to be released.

"Poland took a very active part in it (negotiation process- PAP) and it paid off for us," the prime minister said.