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Recovery and Resilience Facility: Poland submits official recovery and resilience plan

The Commission has received an official recovery and resilience plan from Poland. This plan sets out the reforms and public investment projects that Poland plans to implement with the support of the Recovery and Resilience Facility (RRF).

The RRF is the key instrument at the heart of NextGenerationEU, the EU's plan for emerging stronger from the COVID-19 pandemic. It will provide up to €672.5 billion to support investments and reforms (in 2018 prices). This breaks down into grants worth a total of €312.5 billion and €360 billion in loans. The RRF will play a crucial role in helping Europe emerge stronger from the crisis, and securing the green and digital transitions.

The presentation of this plan follows an intensive dialogue between the Commission and the Polish authorities over the past number of months.

Poland's recovery and resilience plan 

Poland has requested a total of €23.9 billion in grants under the RRF and €12.1 billion in loans.  

The Polish plan is structured around five pillars of resilience of the economy, including business environment, innovation and labour market policy; green energy; digital transformation; sustainable transport and the health system. The plan includes measures in improving air quality, energy-efficiency in buildings, the development of renewable energy sources, zero-emission transport and access to broadband internet. Projects in the plan cover the entire lifetime of the RRF until 2026. The plan proposes projects in six European flagship areas.

Click here for the full press release

 

Original article link: https://ec.europa.eu/commission/presscorner/detail/en/IP_21_2221

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