According to the report by the Polish Development Fund and Dealroom.co, Poland has become a focal point of innovation and has a growing ecosystem that helps growing companies thrive.
Over 312,000 entrepreneurs have already received PLN 56.3 billion (EUR 12.5 billion) in aid granted as part of the Financial Shield of the Polish Development Fund (PFR), the PFR announced on Twitter on Tuesday.
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.
Seventy-nine percent of companies in Poland plan to keep jobs, whereas 18 percent mainly small firms found difficulties with covering liabilities, according to July's study by the Polish Development Fund (PFR) and Polish Economic Institute (PIE).
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.
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.
The Polish Development Fund (PFR) has paid out nearly PLN 25 billion (EUR 5.49 billion) in aid to companies over the past weeks under its financial shield mechanism, PFR deputy head Bartosz Marczuk wrote on Twitter on Friday.
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.
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 government's borrowing needs will not exceed the 4-5 percent of GDP range, Paweł Borys, head of the Polish Development Fund (PFR), said in a video conference on Thursday.