Poland received an advance for the KPO. Which milestone was the most important? Leszek Miller doesn’t beat around the bush.
Poland received 5 billion euros from the RePowerEU program, which is part of the National Reconstruction Plan, the Minister of Funds and Regional Policy Katarzyna Pełczyńska-Nałęcz announced on Thursday. As she said, the money will go to “cheap green energy for Polish citizens.”
The most important milestone
In an evening interview on Polsat News, Leszek Miller spoke about the famous milestones that Brussels ordered Warsaw to implement so that Poland could get a loan for the implementation of the KPO.
– I’ll tell you honestly, without beating around the bush. The most important cornerstone was the change of government. – said the MEP.
– Coal or miles? – the host Bogdan Rymanowski wanted to clarify.
– The most important milestone was the change of government in Poland – the politician corrected himself.
– So you say directly what European officials officially do not want to say? – asked the journalist.
– No, they say it too, or at least imply it. The European Commission concluded that no progress would be made under the previous authorities. Furthermore, these authorities are taking action against the European Union. The government has changed, there are new authorities in Poland and that is why we can hear in the corridors – I heard it myself – Gentlemen, the most important milestone for us was the change of government – said Miller.
Loan from KPO for Poland
Let’s not forget that in mid-December, Donald Tusk announced that the government had submitted payment applications to the KPO. The Prime Minister then announced that the first tranche would amount to 5 billion euros and would reach Poland later this year.
– We have a common goal to build the rule of law together and make up for lost time. Payments will be prepared and I look forward to talking about the milestones. We will work towards the launch of the National Reconstruction Plan. I welcome the steps you want to take and resolve the existing dilemmas, European Commission President Ursula von der Leyen said in Brussels.
REPowerEU programme
After the revision, the KPO budget will increase to EUR 59.82 billion (PLN 261.4 billion), including EUR 25.28 billion (PLN 110.4 billion) in the form of grants and EUR 34.5 billion (PLN 151 billion) PLN) in the form of preferential loans. The payment of more than 5 billion euros in advances is not dependent on Poland achieving any “milestones”.
ISNews states that “REPowerEU is the European Union’s response to the difficulties and disruptions in the global energy market caused by the Russian military invasion of Ukraine. The European Commission states that the transformation of the European energy system is urgent for two reasons: ending the EU’s dependence on Russian fossil fuels, which are used as an economic and political weapon and cost European taxpayers almost €100 billion a year, and overcoming the climate crisis.
Source: Do Rzeczy
Roy Brown is a renowned economist and author at The Nation View. He has a deep understanding of the global economy and its intricacies. He writes about a wide range of economic topics, including monetary policy, fiscal policy, international trade, and labor markets.