17:21 21 January 2025
PKO BP: inflows of EU funds may double this year to €40 bln
In 2025, EU funds for Poland under the Cohesion Policy and the National Recovery Plan (KPO) may reach €40 billion, double the 2024 amount, according to PKO Bank Polski economists. They emphasize this funding's importance for accelerating economic transformation, particularly as only 25% of KPO funds have been utilized so far. Despite delays, the government aims to renegotiate terms with the EU to maximize funding use.
Private investment recovery is expected in late 2025, spurred by EU funds and economic stabilization. However, challenges remain, including Poland's reliance on fossil fuels, which raises energy costs and hampers competitiveness. Economists advocate for intensified renewable energy efforts and exploring nuclear power to accelerate the energy transition and align with EU leaders.
(ISBnews)
