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Poland can use $92.43 billion from EU, 20,500 new jobs to be created

Staff writer |
Polish Prime Minister, Ewa Kopacz, said that Poland obtained the biggest European Union (EU) funds of all the EU countries, as far as the European Cohesion Policy Funds are concerned.

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The allocations are to be used between 2014 and 2020.

On the same day, the European Commissioner for Regional Policy, Corina Cretu visited Warsaw to meet with Polish Prime Minister, Ewa Kopacz, and Maria Wasiak, Minister of Infrastructure and Development of Poland.

The main topics discussed were the Poland's cohesion policy and new EU requirements, especially in the fact that the Cohesion Policy Funds allocated in Poland for years 2014-2020 were record high.

During the press conference Kopacz said that due to its successful negotiations, Poland got the biggest EU funds of all the EU countries. The Polish prime minister in her speech underlined the fact that Poland gets the biggest funds in history, which will contribute to taking another civilization leap forward.

The European Commission has adopted the 2014-2020 Operational Programme "Smart Growth" of Poland, worth €10 billion of investments to improve economic growth, of which €8.6 billion comes from the European Regional Development Fund (ERDF).

The programme is expected to support more than 12,000 enterprises to carry out research. It will also create 20,500 new jobs by end 2023. In addition to that, it will help to double the share of high-technology products in Polish export to 13% and substantially develop the use of financial instruments in supporting research-based business ventures.

Poland has more than 82.5 billion euros ($92.43 billion) from the European Cohesion Policy Funds to be used within the years 2014-2020, which is more than any other EU member state was given.

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