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PLN 77.5bn worth of EU investment grants approved for release


By 30 October the Ministry of Regional Development concluded 61,876 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 273.6bn (approx. €62.8bn), and the value of associated EU aid amounted to PLN 189.1bn (€43.4bn) i.e. 69.9% of the total allocation for the 2007-2013 period.

The value of EU aid arising from submitted payment applications – an important metric illustrating the level of absorption of EU funds – reached PLN 77.5bn or €17.8bn (the aggregate value of eligible outlays rose to PLN 107.3bn or €24.6bn).

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