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Poland Approves Energy Subsidy Measures

ENERGY

The Polish cabinet supported new financial measures today designed to help protect its citizens from higher energy costs.

  • "Energy security remains the core of our thinking as energy and fuels have become weapons in the hands of (Russian President Vladimir) Putin, but given our good budget balance we're trying to support everyone," Prime Minister Mateusz Morawiecki said.
  • The measures will compensate households and vulnerable public users including hospitals and schools that use pellets, heating oil, liquefied petroleum gas and wood for heating.
  • Heating plants will receive compensation in exchange for hiking prices by no more than 40%.

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