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Polish airport handouts authorised by European Commission.

THE EUROPEAN Commission has authorised the payment of Euro 251.5 million from European Union (EU) regional development funds for improvements to eight Polish airports. The money comes from the EU's Cohesion Fund, which is designed to raise the economic health of poorer regions in member states, and will be augmented by funds from the Polish government. The money will be spent on the airports of Warsaw, Gda?sk, Wroc?aw, Pozna?, Szczecin, Rzeszow, Krakow and Katowice. They have been favoured by Brussels partly because it considers them links in the trans-European transport network (TENs) which attracts EU funding through easing pan-EU travel. With the money being spent on terminal construction and runway modernisation, the Commission said the regional airports must raise 25% of the costs themselves and Warsaw airport 70%.
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Author:Nuthall, Keith
Publication:International News Services.com
Geographic Code:4EXPO
Date:Mar 1, 2009
Words:131
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