EC announcement on structural aid funds for 2004-2006 expected soon

Under a proposal to be presented by the European Commission (EC) within the next few days, Poland will receive from euro 13.5 billion to euro 13.7 billion over the years 2004 to 2006 in structural aid funds. This represents between 52% and 55% of the funds the European Union (EU) has earmarked for new members. The allotment will increase in line with Poland's improving capability to make use of the funds. In 2004 the support will be around euro 3.7 billion, rising to some euro 4.4 billion in 2005 and euro 5.8 billion in 2006. After 2006, when the current EU budget period ends, Poland has been promised further assistance, should it have used the assistance efficiently. The Polish government has decided that a third of the funds will be used to support environmental protection work and improve major rail and road routes, while the remainder will be spent on seven specific programs, covering such areas as unemployment, village development, and the fishing industry. (Rzeczpospolita, p. B2) A.Z.