The European Commission has approved under EU state aid rules a Polish scheme worth €1.5 billion, or 6.4 billion złotys, to provide state-backed reinsurance for transport insurance on the territory of Ukraine.
This scheme will help to maintain and facilitate trade flows between Ukraine and Poland, the Member State with the longest land border with Ukraine, which have been disrupted by the ongoing Russian military aggression. Under this scheme, the aid will take the form of public...