EU approves €1.1 billion Polish scheme to support tourism, restaurants, entertainment.

The European Commission has approved a €1.1 billion (PLN 5 billion) Polish scheme to support companies in various sectors affected by the coronavirus outbreak. The scheme was approved under the State aid Temporary Framework.

Poland notified to the Commission a €1.1 billion scheme (PLN 5 billion) to further support companies affected by the coronavirus outbreak. The scheme will apply to the whole territory of the Poland and consists of four measures:

  • The first measure, with an estimated budget of €173 million (PLN 777 million), will be open to small and medium-sized enterprises (SMEs) and large companies active in the tourism industry. The aid will take the form of wage subsidies to cover the employees’ salaries, amounting to €464 (PLN 2,000) per month per employee for a maximum period of 3 months;
  • The second measure, with an estimated budget of €215 million (PLN 964 million), will be open to SMEs and large companies active in several sectors, such as retail sale, restaurants and entertainment. The aid will take the form of direct grants of up to €928 (PLN 4,160) per beneficiary that experienced a decrease in operating income of at least 40% compared to a reference period set out in the scheme;
  • The third measure, with an estimated budget of €300 million (PLN 1.4 billion), will be open to micro and small entrepreneurs active in several sectors, such as retail sale, restaurants and entertainment. The aid will take the form of direct grants of up to €1,116 (PLN 5,000) per beneficiary;
  • The fourth measure, with an estimated budget of €400 million (PLN 1.9 billion), will be open to SMEs and large companies active in several sectors, such as retail sale, restaurants and entertainment. The aid will take the form of exemptions from social security contributions between 1 December 2020 or 1 January 2021 and 31 January 2021 for beneficiaries that experienced a decrease in operating income of at least 40% compared to a reference period set out in the scheme.

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