Spectator on facebook

Spectator on facebook

Slovakia fourth among new EU members in drawing eurofunds

IN THE PERIOD from May 2004 to September 2006, Slovakia used 27.6 percent of the money allocated to it in cohesion and structural funds from the European Union budget, according to an analysis by European Commissioner Dalia Grybauskaite.

On average, the 10 new EU-member countries drew 26.2 percent of the funds they were eligible for. Slovenia was the most successful, with 34.1 percent of funds drawn, followed by Hungary, Estonia, and Slovakia in fourth place. Cyprus and the Czech Republic have drawn the least from the funds they were entitled to.

Grybauskaite warned the new countries that they are moving too slowly in drawing EU money, and that they have used only €5.6 billion of the overall €21.5 billion that was earmarked for them since joining the EU on May 1, 2004.

Top stories

Problematic highway stretch, Turany-Hubová, will go via Korbeľka tunnel

This variant is more environmentally friendly compared with the surface variant originally planned.

Landslide during construction of the highway near Šútovo in 2013.

400 types of Slovak seeds will be placed in the World Gene Bank at Spitsbergen Photo

Slovak Agriculture Ministry works is storing the seeds on the Svalbard archipelago.

World Gene Bank in Spitsbergen, Norway

Talent is not always enough - sport is an expensive hobby

Promising young athletes often do not have the chance to bring their talent to the next level due to lack of funds.

Slovakia remains unknown in convention business

Ten MICE events in 2017 should bring almost €6.5 million to Bratislava.

The GLOBSEC security forum is one of the regular MICE events in Slovakia since 2005.