Poland received EUR 1.59 billion from EU funds in May 2020, including EUR 779 million in current transfers and EUR 808 million in capital transfers, the Finance Ministry said in a statement on Tuesday.
The Three Seas Fund, designed to support regional cross-border investments in Central and Eastern Europe, will show its first viable projects in October, PAP was told by Pawel Nierada, deputy CEO of Poland's state-owned development bank BGK.
Poland needs EUR 240 billion for necessary investments aimed at achieving climate neutrality in 2030, Funds and Regional Policy Minister Malgorzata Jarosinska-Jedynak said at two-day United Nations Global Compact Leaders Summit in New York on Tuesday.
Grants from EU funds including subsidies to wage payments and working capital are helping companies survive the difficult times in the wake of coronavirus, Funds and Regional Policy Minister Malgorzata Jarosinska-Jedynak said on Wednesday.
Marcin Szumowski, a biotech company owner, in an interview with PAP, rebutted the political opposition's allegations of his brother, Polish Health Minister Lukasz Szumowski being in conflict of interest.
Poland is spending over PLN 400 mln (EUR 88 mln) on fighting the Covid-19 pandemic in the world, funding vaccine, drug and test research, Deputy Foreign Minister Paweł Jabłoński said at a Tuesday press briefing, as quoted in his ministry's press release.
The Polish Development Fund (PFR) began on Monday its first issue of four-year bonds valued at PLN 15 billion (EUR 3.31 billion), PFR President Pawel Borys wrote on Twitter.
President Andrzej Duda on Tuesday signed into law an amendment expanding the competencies of the Polish Development Fund (PFR) in the face of the coronavirus epidemic.
Poland obtained EUR 2.2 bln from European Union funds in January, including EUR 2.177 bln in current transfers and EUR 25.45 mln in capital transfers, the Finance Ministry reported on Friday.
Managed by a Warsaw venture capital firm the fund will focus on sectors such as fintech and mobility.
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