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Poland wants increase in EU regional policy limit to free domestic investment

Currently 4% of each nation's GDP is designated for this purpose, which disproportionately promotes richer countries. Poland believes that keeping the limit at the current level might block domestic investment abilities. "In case of a rapidly developing economy and appreciation of the domestic currency, this might be a problem," said European Affairs Minister Jarosław Pietras. In the case of the new EU members the current situation might result in two or three large investment projects blocking the ability of the economy to benefit from structural funds for many years. (Rzeczpospolita, p. B2) M.M.

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