EC earmarks EUR 10.2bn for Poland under 2011 cohesion policy.

By bne IntelliNews April 28, 2010
The European Commission has adopted the priorities of the 2011 draft budget. Out of a total of EUR 142.6bn, some EUR 64.4bn are geared towards economic recovery actions (+3.4% on 2010). Furthermore, the funds backing the flagship initiatives of the EU 2020 strategy (for growth) represent some 57.9bn (some 40% of the budget), the Commission has announced. Poland is to receive a total of EUR 10.2bn (these recourses have been envisages in the 2007-2013 financial scheme, they are not new funds), of which EUR 6.6bn are structural funds and EUR 3.3bn cohesion funds of above-regional character. tom

Related Articles

EC refers Poland to court for delay on renewable energy rules.

The European Commission is referring Poland (and Cyprus) to the Court of Justice of the European Union for failing to fully transpose EU's Renewable Energy Directive, according to the ... more

ZEW Economic Sentiment Indicator for Poland surges to 42.9pts in February.

The ZEW-Erste Group Bank Economic Sentiment Indicator for Poland (economic expectations) surged by 22.3pts m/m to 42.9pts in February, according to a report by the Center for European Economic ... more

FinMin: Poland to inject EUR 5.5bn of FX reserves to ECB upon euro-zone entry.

When Poland joins the euro-zone, it will have to transfer EUR 5.47bn of its foreign-currency reserves to the European Central Bank, according to a statement by the ministry of finance. The ... more

Notice: Undefined index: subject_id in /var/www/html/application/controllers/IndexController.php on line 335