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-2022-33/2774 – Updated – measures in Poland
Country | Poland , applies nationwide |
Time period | Temporary, 10 August 2022 – 31 December 2022 |
Context | War in Ukraine |
Type | Other initiatives or policies |
Category |
Supporting businesses to stay afloat
– Access to finance |
Author | Jan Czarzasty (Warsaw School of Economics) |
Measure added | 24 August 2022 (updated 02 March 2023) |
On 24 February 2022, Russia invaded Ukraine. As a result, specific sanctions were imposed on Russia, which also negatively affected some of the Polish exporters. Furthermore, some companies announced that they were ceasing or withdrawing from the Russian Federation. On July 20, the European Commission announced its changes to the Temporary Crisis Framework, which would make it possible for Member States to launch support for entrepreneurs faster. Ministry of Funds and Regional Policy enacted a new law allowing for this special help (Dz.U. 2022 poz. 1675).
The support for entrepreneurs consists of loans given to micro, small, medium and large entrepreneurs. Loans will be granted for a maximum of six years and their amount will be agreed upon individually. The assistance is available until 31 December 2022. It may be granted to entrepreneurs for investment or trading purposes aimed at mitigating the socio-economic effects of the aggression of the Russian Federation. Aid is not granted to entrepreneurs subject to sanctions and financial intermediaries.
The programme's funds are approximately PLN 45,000,000 (approx. €9,575,000). The support will come from the Voivodship Marshals who have expressed their interest in the programme. The source of financing will be derived from regional operational programs of the Podkarpackie, Podlasie and Świętokrzyskie voivodships, both from the financial perspective 2014-2020 and the financial perspective 2007-2013.
The following updates to this measure have been made after it came into effect.
31 December 2022 |
31 December 2022 was the last day for companies to apply for support under the programme. |
As of February 2023, information on the number of companies receiving support is not yet available.
Workers | Businesses | Citizens |
---|---|---|
Does not apply to workers |
Other businesses
Importing/Exporting companies |
Does not apply to citizens |
Actors | Funding |
---|---|
National government
Local / regional government |
European Funds
Regional funds |
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:
Unknown.
Unknown.
Citation
Eurofound (2022), Loans for entrepreneurs affected by the war in Ukraine, measure PL-2022-33/2774 (measures in Poland), EU PolicyWatch, Dublin, https://static.eurofound.europa.eu/covid19db/cases/PL-2022-33_2774.html
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