Less EU funds for Poland result from economic growth - Cretu

Less EU funds for Poland in the next EU budget is not a punishment, but the result of economic growth, the EU Commissioner for Regional Policy Corina Cretu said on Friday. Referring to the European Commission's proposal on the budget for 2021-2027, Cretu said that some EU countries would receive less money, but "this is a good sign because they have made progress."  As an example she named Poland. "Poland has made great progress, raising the standard of living for its residents. When Poland joined EU, its GDP per capita was nearly 50 percent of EU average, now, thanks to economic growth and increase of employment, the rate is 75 percent." Cretu stated. In 2014-2020 Poland will invest €82.5 billion under cohesion policy. This is the most among EU Members.