Managing the Regional Operational Programme and Currency Risk Cover Image

Zarządzanie Regionalnym Programem Operacyjnym a ryzyko walutowe
Managing the Regional Operational Programme and Currency Risk

Author(s): Wojciech Pietrowski, Ewa Kraska
Subject(s): Social Sciences, Geography, Regional studies
Published by: EUROREG - Uniwersytet Warszawski, Regional Studies Association - Sekcja Polska
Keywords: managing institutions; currency risk; management in the public sector

Summary/Abstract: The article discusses issues related to the planning, implementation, and settlement of regional programmes funded by European funds. The value of allocations is converted multiple times from euro to Polish zloty and vice versa, meaning that exchange rate variability significantly impacts the depletion of funds within the programme. Therefore, the article examines the actions taken by Managing Authorities (MAs) to maximise the use of European funds in the 2014–2020 financial perspective. The aim of the article was to identify the activities of the Managing Authorities of regional programmes in the aspect of changes in the allocation of European funds determined by the exchange rate. To achieve this goal, a survey was conducted among 16 MAs in Poland. The research results indicate that all MAs have recognised the risk of not fully utilising allocations, and, as a result, they have undertaken various actions aimed at full contracting of funds.

  • Issue Year: 26/2024
  • Issue No: 98
  • Page Range: 84-93
  • Page Count: 10
  • Language: English, Polish
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