Eurofound's EU PolicyWatch collates information on the responses of government and social partners to the COVID-19 crisis, the war in Ukraine, rising inflation, as well as gathering examples of company practices aimed at mitigating the social and economic impacts.
Factsheet for measure PL-2020-12/834 – Updated – measures in Poland
|Country||Poland , applies nationwide|
|Time period||Open ended, started on 16 March 2020|
Measures to prevent social hardship
– Preventing over-indebtedness
|Author||Jan Czarzasty (Warsaw School of Economics)|
|Measure added||11 May 2020 (updated 16 August 2021)|
As of May banks associated in the sectoral umbrella organisation, the Union of Polish Banks (Związek Banków Polskich, ZBP) offer their clients with open credit lines and mortgages a opportunity to file for a 'grace period' in paying installements for up to three months. This is the internal decision of the national banking association, which have nothing to do with the public policy measures under debate (as of 11 May).
Komunikat ZBP w sprawie działań pomocowych podejmowanych przez banki w związku z pandemią koronawirusa COVID-19.
Mortgage holders may apply to their respective creditors (banks) for a grace period of up to three months, during which period their monthly payments will be suspended (prolongated). As the measure serves only as a guidelines, each member bank may determine specific conditions of their own. In some banks the suspension/prolongation of payments applies only to capital, in others - extend it also to interest. Some banks stick to the suggested duration of three months, while others extend it to six months. The packages offered by banks are monitored by public authorities in order to prevent 'slipping in' of unfair clauses into the procedures.
According to the data released by ZBP, until the end of April some 800,000 applications have been submitted to the banks.
|Does not apply to workers||Does not apply to businesses||Applies to all citizens|
Social partners' role in designing the measure and form of involvement:
|Trade unions||Employers' organisations|
|Role||No involvement||No involvement|
|Form||Not applicable||Not applicable|
Social partners' role in the implementation, monitoring and assessment phase:
Except for ZBP, no involvement.
ZBP is formally not employers' organisation, thus it is not a social partner.
|Economic area||Sector (NACE level 2)|
|K - Financial And Insurance Activities||K64 Financial service activities, except insurance and pension funding|
This case is not occupation-specific.
Eurofound (2020), Optional credit and mortgage freezes, measure PL-2020-12/834 (measures in Poland), EU PolicyWatch, Dublin, https://static.eurofound.europa.eu/covid19db/cases/PL-2020-12_834.html
30 January 2023
Governments across the EU continue to implement policies to support citizens and businesses in the face of rising food and energy prices caused by the COVID-19 crisis and intensified by the war in Ukraine. This article summarises the policy responses as reported in Eurofound's EU PolicyWatch database from January to September 2022.Article
12 September 2022
Although the worldwide pandemic situation had already disrupted supply chains and triggered increases in energy and food prices in 2021, the situation deteriorated in 2022 with the Russian invasion of Ukraine.Article
12 September 2022
This article summarises the first policy responses that governments across the EU have started to implement to support companies affected by the rising prices, and those with commercial ties to Ukraine, Russia or Belarus.Article
Disclaimer: This information has not been subject to the full Eurofound evaluation, editorial and publication process.