On Tuesday, November 21, the European Commission approved the payment of EUR 5 billion, i.e. over PLN 22 billion, as an advance payment to Poland from the National Reconstruction Plan.
On Tuesday, November 21, at 1 p.m., the commissioners of the College of the European Commission will meet in Brussels, who will officially confirm the decision already made by the EC to pay Poland EUR 5 billion, i.e. over PLN 22 billion, in advance from the National Reconstruction Plan, TVN24 reports.
The positive decision of the European Commission, which was first reported by RMF FM radio, still needs to be approved by the Council of the European Union. This is scheduled to take place on December 8.
The payment of advance payments to Poland from the Recovery and Resilience Fund results from the programming of investments and reforms in the new chapter of the KPO, i.e. REPowerEU.
Let us recall that Poland applied for these funds at the end of August 2023. Then, a new, modified National Reconstruction Plan was sent to Brussels.
The REPowerEU budget grants Poland EUR 2.76 billion in grants and an additional EUR 22.5 billion in loans. The funds will be disbursed after the Minister of Funds and Regional Policy signs agreements with the European Commission for the grant and loan part in December.-
Next year, Poland will receive advance payments in two tranches, each amounting to over EUR 2.5 billion.
The advance payment to REPowerEU is not conditional on Poland meeting any milestones.
The REPowerEU chapter focuses on key issues for Poland’s energy transformation, and the presented scope of reforms and investments was established during negotiations with the EC.