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Back|Poland has submitted the last application for funds from the EU reconstruction fund under the KPO
Poland has submitted the last application for funds from the EU reconstruction fund under the KPO
NEWS
RMF24·1 hour ago·Business·1 min read·

Poland has submitted the last application for funds from the EU reconstruction fund under the KPO

The request amounts to EUR 12.7 billion. The money is to finance, among others: laptops for teachers and trams for Krakow, Poznań and Wrocław.

Quick Look

  • The Polish government has submitted the latest application to the European Commission for funds from the EU reconstruction fund for the amount of EUR 12.7 billion.
  • These funds are intended to be used, among others, to: for the purchase of laptops for teachers and 88 trams for three Polish cities.

AI-generated summary

Why It Matters

The EU recovery fund was created as a response to the effects of the Covid-19 pandemic.

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The payment is related to the implementation of reforms and investments provided for in the Polish KPO. These included, among others: vouchers for the purchase of laptops for teachers and the purchase of 88 trams to be delivered to Krakow, Poznań and Wrocław.

On Wednesday, the Polish government submitted its last application for funds from the reconstruction fund to the European Commission. It amounts to EUR 12.7 billion, or approximately PLN 54 billion. If the EC accepts it, the money should be paid by the end of the year.

The EU recovery fund was created as a response to the effects of the Covid-19 pandemic. Member countries had to implement the reforms included in their plans by the end of August, while the deadline for submitting the last applications for payment of funds was the end of September.

What to Watch

AI outlook — possibilities, not facts

  • Payment of funds by the end of the year

    Likely · Within months

Open Questions

  • ?When exactly will the European Commission approve the application?

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This article was originally published by RMF24.

Quick Look

  • The Polish government has submitted the latest application to the European Commission for funds from the EU reconstruction fund for the amount of EUR 12.7 billion.
  • These funds are intended to be used, among others, to: for the purchase of laptops for teachers and 88 trams for three Polish cities.

AI-generated summary

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Medium
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Moderate
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National
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Source
RMF24
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Hard news
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Published
1 hour ago
View original
KPO
european commission
reconstruction fund
KPO
European Commission
Polish government
Krakow
Poznań
Wrocław
european commission
reconstruction fund
Poland
European Union

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