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Nearly half of Slovakia's EU structural funds already drawn

Slovakia has drawn 44.62 percent of its allotted funds from the European Union structural funds and the state budget, intended for the shortened 2004-2006 programming period.

Of its Sk63.5 billion total allocation, Slovakia has drawn Sk28.3 billion as of July 31, according to the Ministry of Construction and Regional Development. The distributed finances reached Sk56.3 billion, representing 88.68 percent of the allocated sources.

Contrasting to the end of June, the proportion of withdrawn funds grew by 2.2 percentage points.

Slovakia can draw the funds allocated in the current shortened period until the end of 2008.

The Agriculture and Rural Development operational program drew the most from the funds, with almost Sk5 billion.

SITA

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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