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PLN 61.4bn worth of EU investment grants approved for release


2011-07-04



By 3 July the Ministry of Regional Development concluded 57,173 agreements with beneficiaries for EU and governmental grants available under the EU's 2007-2013 budget perspective (the statistics cover the period since the programmes were launched in 2008). The total value of investment projects covered by the agreements reached PLN 245bn (approx. 61.8bn), and the value of associated EU aid amounted to PLN 169.5bn (€42.7bn), i.e. 64.8% of the total allocation for the 2007-2013 period.

The value of approved investment expenditures – an important metric illustrating absorption of EU funds – reached PLN 85.2bn (€21.5bn), and the value of approved EU grants rose to PLN 61.4bn (€15.5bn).



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