Commission approves €1.1 billion Polish scheme to further support companies affected by coronavirus outbreak

The European Commission has approved a €1.1 billion (PLN 5bn) Polish scheme to support companies in various sectors affected by the coronavirus outbreak. The scheme was approved under the state aid Temporary Framework. The scheme will apply to the whole territory of the Poland and consists of four measures. The Commission found that the Polish scheme is in line with the conditions set out in the Temporary Framework. In particular, the aid (i) will not exceed €225,000 per company active in the primary production sector of agricultural products, €270,000 per company active in the fisheries and aquaculture sector and €1.8 million per company active in all other sectors as provided by the Temporary Framework ; and (ii) will be granted no later than 31 December 2021. 

The Commission concluded that the measure is necessary, appropriate and proportionate to remedy a serious disturbance in the economy of a member state, in line with Article 107(3)(b) TFEU and the conditions set out in the Temporary Framework. On this basis, the Commission approved the aid measure under EU state aid rules. Executive Vice President Margrethe Vestager, in charge of competition policy, said: “This €1.1bn scheme will enable Poland to further support companies in various sectors, such as retail, tourism and entertainment, affected by the coronavirus outbreak, by helping them meet their liquidity needs and continue their activities. We continue working in close cooperation with member states to find workable solutions to mitigate the economic impact of the coronavirus outbreak, in line with EU rules.” A full press release is available online.

Share this article: