European Commission approves Poland's National Recovery Plan

The European Commission has approved the National Plan for Rebuilding and Increasing Resilience notified by Poland, the Commission said.

"The European Commission today gave a positive assessment of the Polish plan for recovery and resilience, which is an important step towards the disbursement of €23.9 billion in grants and €11.5 billion in loans by the EU under the Recovery and Resilience Facility (RRF)," the release reads.

“Implementation of this plan is expected to make a significant contribution to the decarbonization of the Polish economy while increasing the country's energy independence. The plan also includes a number of measures to improve the country's investment climate, including a comprehensive judicial reform aimed at strengthening the independence of judges. Other measures aim to increase labor force participation, including women. The approval of this plan comes with clear commitments by Poland on the independence of the judiciary, which will have to be met before the funds can actually be disbursed. I look forward to seeing these reforms implemented," Ursula von der Leyen, President of the European Commission, said.

(ISBnews)