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Cabinet passes report on last year's state aid

State aid provided in the Slovak Republic in 2006 totalled Sk9.68 billion (€282.65 million). Last year the total volume of state aid dropped by 5.77 percent compared to 2005. In terms of the purpose of provided aid, 86.9 percent was distributed in ‘horizontal aid’ from the total sum of aid, while 3.93 percent went to industry and 9.18 percent ended up in the hands of farmers. This information comes from a report on state aid that the cabinet approved on June 6.

Compiled by Zuzana Vilikovská from press reports
The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.

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