Friday, July 04, 2008

Poland most aided new EU state

Poland received two billion Euros from Brussels more in 2007 than in the previous year.

Poland's total aid was 5 billion euros net from the EU budget last year, more than any other EU new member state.

However, Poland pales in comparison with other EU countries, when it comes to funds management, ranking third from bottom, together with the Czech Republic, and leaving only Cyprus and Holland behind.

Dalia Grybauskaite, EU commissioner for budget issues, admitted that Poland has speeded up the spending recently but it still had a major backlog to deal with. Poland has spent just 63 percent of the funds allocated to it since its accession in 2004.

However, she praised Poland for the current progress, adding that Brussels publishes data on how member states spend money from the EU budget, to promote effectiveness in spending.