Posted 11/21/2023, 6:03:01 PM
Poland Revises Massive €60 Billion COVID Recovery Plan to Focus on Green Transition, Energy Independence
- Poland's revised COVID-19 recovery plan now worth almost €60 billion, combining loans and grants
- Almost half of projects focused on green transition
- Revision accounts for EU's RePower plan to reduce fossil fuel imports after Russia's invasion of Ukraine
- €5.1 billion could be released before year's end without needing approval of "milestones"
- Further funds dependent on Poland meeting "super milestones" regarding judicial independence reforms