EU infrastructure funds on their way, but with a few strings attached

Infrastructure Minister, Marek Pol, announced yesterday in the Sejm that the country would take advantage of EU funds designated for investment in the domestic infrastructure provided that it was capable of earmarking zł. 1 billion annually for co-financing the projects. "If the Highways Bill is passed, we will have sufficient financial resources at our disposal to absorb all the subsidies we will receive from the EU to upgrade the road infrastructure." stated Pol. He assured the country that intensive preparations were underway concerning absorbing the EU subsidies. Good projects coupled with the minimum 25% of Poland's financial contribution in the realization of the projects, are a prerequisite for the absorption of the EU financial resources. (www.onet.pl) A.Z