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|
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.
As of February 2023, information on the number of companies receiving support is not yet available.
|Does not apply to workers||
|Does not apply to citizens|
Local / regional government
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:
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
30 January 2023
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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
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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.