BUSINESS BRIEFS

€530 million for Slovak transport projects

SLOVAKIA can draw €530 million to implement transport infrastructure projects from EU funds from 2004 to 2006 , according to an official document evaluating the use of EU funds in the transport sector.

Of the sum, nearly €255 million comes from the Cohesion Fund and €275 million from the European Regional Development Fund.

As of the end of June last year, Sk4.7 billion (€130 million) had been drawn, the SITA news agency wrote.

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