EU long-term budget proposal envisages EUR 123 bln for Poland
The EU might allocate EUR 123 billion to Poland from its proposed multi-year budget for areas such as cohesion policy and agriculture, according to a report published by the European Commission overnight, from Thursday to Friday.
Poland would be the largest beneficiary under the EUR 2 trillion budget that will govern expenses from 2028 to 2034. France and Spain follow, with EUR 90 billion and EUR 88 billion allocated to them, respectively.
Poland's future share would come through national and regional plans, funded by European Union resources aimed at cohesion policy, agriculture and initiatives targeting migration and security. The sum, exceeding EUR 120 billion, marks a significant increase for the country compared to the current seven-year budget, under which Poland received around EUR 107 billion.
On Wednesday, the EC presented a proposal for its forthcoming long-term budget, doubling the previous amount of EUR 1.2 trillion that covers the period between 2021 and 2027.
It was a starting point for negotiations among member states, which must end with a unanimous agreement for the financial plan to be adopted. The proposed budget is expected to boost defence spending fivefold and focus on national plans, which make up its largest share, at EUR 865 billion, nearly half of the total amount.
yb/ jch/ ao/
