The European Commission authorised on Thursday 30 June a €1.2 billion Polish scheme to support businesses in various sectors in the context of Russia’s invasion of Ukraine.
The scheme was approved under the State Aid Temporary Crisis Framework, adopted by the Commission on 23 March 2022.
Under this measure, the aid will take the form of: - €981 million in guarantees on new loans; - €218 million in guarantees for factoring products.
The measure will be open to companies in all...