The European Commission has given a positive assessment of Poland’s recovery and resilience plan, an important step towards the EU disbursing €23.9 billion in grants and €11.5 billion in loans under the Recovery and Resilience Facility (RRF). This financing will support the implementation of the crucial investment and reform measures outlined in Poland’s recovery and resilience plan.
The Commission assessed Poland’s plan based on the criteria set out in the RRF Regulation. The Commission’s analysis considered, in particular, whether the investments and reforms contained in Poland’s plan support the green and digital transitions; contribute to effectively addressing challenges identified in the European Semester; and strengthen its growth potential, job creation and economic and social resilience.
Poland’s plan includes milestones related to important aspects of the independence of the judiciary, which are of particular importance to improve the investment climate and put in place the conditions for an effective implementation of the recovery and resilience plan. Poland needs to demonstrate that these milestones are fulfilled before any disbursement under the RRF can be made.
Some milestones are necessary to ensure the effective protection of the Union’s financial interests and must be fulfilled before Poland presents its first payment request.
The Commission has adopted today a proposal for a Council Implementing Decision to provide €23.9 billion in grants and €11.5 billion in loans to Poland under the RRF. The Council will now have, as a rule, four weeks to adopt the Commission’s proposal.