Spectator on facebook

Spectator on facebook

Finance Ministry discusses Slovakia's drawing of EU funds

As of the end of September, the Slovak Republic has drawn Sk23.1 billion from the EU structural funds allocated for the 2004-2006 programming period. This accounts for 51.69 percent of the total amount allocated, representing Sk44.7 billion. Slovakia still can draw over Sk854.7 million for 2005 by the end of this year and Sk21.584 billion from the sums for 2004 to 2006 until the end of 2008, complying with the valid terms of EU funds drawing.

This follows from data by the Ministry of Finance. From the point of view of the amounts drawn, sector operational program Agriculture and Rural Development, which falls under the jurisdiction of the Agriculture Ministry, was the most successful. It has already drawn 66.06 percent of the allocation for 2004-2006. This program was followed by the Interreg program, for which the Construction Ministry is in charge, focusing on border cooperation between the Slovak and Czech Republics (54.02 percent). Next came the operational program Human Resources controlled by the Ministry of Labour, Social Affairs and Family (53.53 percent) and operational program Industry and Services supervised by the Economy Ministry (52.91 percent).

In contrast, the Finance Ministry thinks the unique programming document NUTS II BA Goal 3 controlled by the Ministries of Labour and Education to be a risky one. Only 16.14 percent of the commitment for 2005 has been drawn in this program so far. These funds, however, must be drawn by the end of this year at the latest. As many as Sk3.833 billion were directed to projects co-financed from the Cohesion Fund, representing 24.19 percent of total sums of eligible expenditures of Sk15.847 billion. Paying units received Sk2.337 billion, which means an actual drawing of 14.74 percent of the total eligible costs funded from the sources of the European Communities. 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.

Top stories

They reported corruption at the Foreign Ministry. Now they receive an award

The tenth year of the White Crow award, celebrating young people and activists who break prejudices and go against the tide.

White Crow award laureates

The day that changed the Tatra mountains for good Photo

The windstorm damaged 12,000 hectares of woods on November 19, 2004.

Tatras after the 2004 calamity

Smer follows a downward trend but may escape oblivion

What does the defeat in regional elections mean for the future of Slovakia’s strongest party?

“How could it be a fiasco when a political party wins most councillors among all parties?” asks PM Robert Fico.

Valorisation mechanism changes

But not everybody is satisfied with some of the latest changes.