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Bank Gospodarstwa KrajowegoWarsaw signs over PLN 400 mln loan agreement under KPO for Green City Accord
On Monday, Warsaw signed an agreement exceeding PLN 400 million (EUR 92.3 mln) for a loan from EU funds under the national recovery plan KPO, aimed at financing green transformation initiatives in the city, the capital's president Rafal Trzaskowski and the head of Poland's state development bank BGK Miroslaw Czekaj told a press conference.
"This loan package amounts to over PLN 400 million. The repayment period will be 20 years, with PLN 340 million being loans that will have a 5 percent grace period benefiting the city," the head of BGK said.
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