A total of 345,542 companies employing 3.12 million people have so far received PLN 60.05 billion (EUR 13.75 billion) under the Polish Development Fund's (PFR) financial shield amid the coronavirus pandemic, PFR head Paweł Borys said on Monday.
Poland's GDP will grow by 5 pct in the third quarter of the year, Paweł Borys, head of the state-run Polish Development Fund (PFR) told a press conference on Tuesday.
Polish companies received PLN 100 billion (EUR 22.46 billion), some 5 percent of the country’s GDP under the government anti-crisis shield scheme launched 100 days ago.
The Polish Development Fund (PFR) on Tuesday launched a project whereby large Polish companies with over 249 employees could submit requests for coronavirus-related assistance. The programme is worth PLN 25 billion (EUR 5.7 billion), PFR said in a communique.
Pointing to Poland’s impressive GDP figures and the government’s handling of the coronavirus, PM Morawiecki said at a press meeting on Friday: "Together we'll come out of this crisis victorious.”
The Polish investment vehicle Polish Development Fund (PFR) on Friday sold PLN 18.5 billion (EUR 4.1 billion) in five-year bonds at an annual interest rate of 1.625 percent, PFR head Pawel Borys wrote on Twitter.
The first issue of the "corona bonds" conducted by the Polish Development Fund (PFR) ended in success, PFR head Paweł Borys wrote on Twitter on Monday.
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.
Head of the Polish Development Fund (PFR) Paweł Borys said that Poland's unemployment rate was rather unlikely to reach above 10 percent in 2020.
The Polish banking sector belongs to one of the strongest in the world. It has high liquidity and capital at a level that most European countries can envy us, President of the Polish Development Fund (PFR) Pawel Borys wrote on Monday.