Poland to receive EUR 64.4 billion from EU cohesion policy for 2021-2027

Poland will receive EUR 64.4 billion (fixed prices 2018) from the EU’s cohesion policy for 2021-2027, the European Commission has reported. At current prices, this amounts to EUR 72.76 billion. The main elements of the Commission's proposal to modernize cohesion policy are: - most of the investments of the European Regional Development Fund and the Cohesion Fund will be dedicated to innovation, support for small enterprises, digital technologies and modernization of industry, - cohesion policy for all regions and a more individualized approach to regional development, - fewer, clearer and shorter rules and a more flexible legal framework, - strengthening the link between cohesion policy and the European Semester in order to create a business-friendly environment and economic growth, so that both EU and national investments can fully achieve their goals.