Poland set to receive PLN 700bn from EU for coronavirus recovery

Poland has backed the proposed budget of the European Recovery Instrument, under which it is set to receive PLN 700bn, according to premier.gov.pl. This is one of the most important conclusions following the European Council meeting attended by Prime Minister Mateusz Morawiecki. It was the first exchange of opinions among leaders of EU states and governments concerning the EU budget and the European Recovery Instrument aimed at helping EU countries recover from the coronavirus crisis. Due to the pandemic, the meeting was held as a video conference. During the conference of EU state and government leaders, Poland supported the European Commission’s package including the adjusted 2021-2027 Multiannual Financial Framework and the European Recovery Instrument as a basis for further discussions.