Malwina: Thanks for finding the time to explain to me how EU funding works. I know you are a very busy student.
Patrick: No problem. I’m glad I can help out. Where would you like me to begin?
Malwina: Let’s start with how much money can Poland receive in the next few years?
Patrick: More than Ř 347 billion will soon be available to the least developed EU member states for 2007-2013. Poland will receive Ř 67 billion. The EU funds will be used for infrastructure investments, supporting innovative companies and promoting environmental and energy technologies.
Malwina: That is an impressive sum of money. How is it possible that the EU can afford to allocate such a sum? Where does the money come from?