Ministers approve final version of plan for drawing EU funds

Yesterday the cabinet approved the final draft version of the National Strategic Reference Framework for the next programming period of 2007-2013, outlining the drawing of EU funds.

Slovakia should receive around €11.4 billion from EU structural funds and the Cohesion Fund during the upcoming programming period, which comes to around Sk403.8 billion.

With the aid of EU funds, Slovakia is expected to increase competitiveness and performance within its regions and the Slovak economy as a whole, as well as increase employment with sustainable development in mind. The most attention will be paid to infrastructure, human resources, and the knowledge-based economy.

The funds should be distributed among eleven operating programs: the Regional Operating Program, Environment, Transport, the Informatization of Society, Science and Research, Development and Innovations, Employment and Social Inclusiveness, Education, Technical Assistance, Competitiveness and Economic Growth, Healthcare, and the Bratislava region.

Most of the sum should be allocated to transport projects, which are expected to receive up to €3.2 billion, SITA wrote.

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