Tuesday, April 21, 2020

Poland Strives To Save As Many Jobs As Possible, Wants A New Marshal

The government, along with social partners, will make all possible efforts to help Polish companies pass safely through the turbulent times of the epidemic and save as many jobs as possible - Polish PM Mateusz Mateusz Morawiecki told a Tuesday press conference.

He added that reports by major international institutions show that Poland is harnessing one of the highest percentages of GDP to save jobs and support entrepreneurs.

I spoke to the head of the European Commission about the flexibility of instruments intended for saving jobs - said Morawiecki.

I appealed for new funds. Our activities are safe, but we have a long way to go to develop the right economic policy. Europe needs a new Marshall plan to save jobs - he added.

According to Business Insider Denmark and Poland are refusing to bail out companies registered in offshore tax havens. They are the first to exclude firms that incorporate themselves in tax havens, meaning they can avoid domestic business taxes. Poland also urges tax haven crackdown to fund EU virus recovery.