BUSINESS BRIEFS

€100 million for tourism projects

BETWEEN 2004 and 2006, almost €100 million can be used for projects for three special measures aimed to support the development of tourism in Slovakia as part of the EU Industry and Services sector operation program.

Those interested can start applying for the EU money by submitting their projects as of January, 2004, and the money must be contracted by the end of 2006, the Slovak economic daily Hospodárske noviny wrote.

The applicants must prove that they also have their own financial sources or bank loans, as well as participation from the state budget.

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