PM pledges billions more in aid for Polish firms hit by epidemic

Poland’s prime minister on Thursday pledged up to PLN 30 billion (USD 7.6 bn, EUR 6.5 bn) in further aid for companies as coronavirus infections surged to a new high.

Image: Henryk Niestrój

Image: Henryk NiestrójPixabay licence

Mateusz Morawiecki told reporters that help would be available to a wider range of sectors hit by a lockdown.

He added that government support to help businesses survive the virus crisis so far totalled over PLN 200 billion.

Morawiecki announced the latest aid plan as Poland reported a new record daily rise in coronavirus infections, confirming 35,251 new cases on Thursday, the most since the pandemic hit the country more than a year ago.

Poland’s authorities in March last year unveiled a EUR 47 billion stimulus package to shield the country from the coronavirus outbreak.

Morawiecki in November pledged further billions in help for firms hit by COVID-19 curbs amid a second wave of the pandemic.

A stimulus package known as Financial Shield 2.0 was expanded in February to cover a further nine industries, among them education, retail and entertainment.

Help includes non-refundable subsidies, downtime pay, exemptions from social insurance contributions and additional social security benefits for employees, according to officials.

(pk)

Source: PAP

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