Polish PM hopes EC will soon approve aid package for large companies

"We are ready, we want to obey European regulations," Morawiecki said. Wojciech Olkuśnik/PAP

Polish Prime Minister Mateusz Morawiecki believes that the European Commission (EC) will approve an aid package for large companies in the coming days. He made the statement during an economic forum of the Polish Development Fund (PFR) on Tuesday.

"We are ready, we want to obey European regulations. Decisions regarding large Western European companies are being taken very quickly while we have to wait longer. We have been exerting pressure but I am optimistic," Morawiecki said.

"I hope that this problem will be settled in the coming days," he stated.

In early April, the Polish Development Fund presented a PLN 100-billion (EUR 22.2-billion) aid package for coronavirus-hit enterprises. Micro-companies are to receive PLN 25 billion (EUR 5.6 billion), small and medium-size companies (SMEs)- PLN 50 billion (EUR 11.1 billion), and large ones - PLN 25 billion ((EUR 5.6 billion).

The EC has so far approved aid programmes form micro-companies and SMEs worth PLN 75 billion (EUR 16.7 billion).