BUSINESS SHORTS

Ministers approve final EU funds plan

THE CABINET on December 13 approved the final draft version of the National Strategic Reference Framework for the EU's 2007-2013 budget period, outlining what the country intends to do with the EU funds it is eligible for.

Slovakia should receive around €11.4 billion from the EU's structural funds and the Cohesion Fund during the next six years, which comes to around Sk403.8 billion.

With the aid of EU funds, Slovakia is expected to increase the competitiveness and economic performance of its regions, as well as to increase employment. The focus will be on infrastructure, human resources, and building a knowledge-based economy.

The funds should be distributed among 11 operating programs: the Regions, 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 programs.

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

The processing of personal data is subject to our Privacy Policy and the Cookie Policy. Before submitting your e-mail address, please make sure to acquaint yourself with these documents.

Top stories

Tragedy near Nitra: Road accident claims 12 lives

It could become one of the worst accidents in Slovakia’s history.

The alleged driver in the Kuciak murder case may confess his guilt in court

Tomáš Szabó could be the third of five accused to confess their guilt.

The police escorts Tomáš Szabó, the accused in the Kuciak case, to the Specialised Criminal Court in Banská Bystrica, central Slovakia, on September 30, 2018

The concentration of the automotive industry is now the Achilles’ heel of Slovakia

Former NBS governor Vladimir Masár was one of the people who facilitated Slovakia’s transition to a market economy.

Vladimír Masár

Incomplete Bratislava ring road reports another problem

The embankment has failed loading tests.

The construction of the D4 motorway near Bratislava