Slovakia had drawn only 0.68 percent of EU funds for 2007-13 by June 30, 2009

As of June 30, 2009, Slovakia had drawn 0.68 percent of the European Union structural and cohesion funds available for its use between 2007 and 2013, according to a report compiled by the Construction and Regional Development Ministry on the drawing of EU funds that was approved by the government on Wednesday, November 11.

As of June 30, 2009, Slovakia had drawn 0.68 percent of the European Union structural and cohesion funds available for its use between 2007 and 2013, according to a report compiled by the Construction and Regional Development Ministry on the drawing of EU funds that was approved by the government on Wednesday, November 11.

The report charts the way in which Slovak companies and other entities are availing themselves of available European aid totalling €11.36 billion for the seven-year period via eleven Operating Programmes. Significant take-ups were recorded in the Technical Assistance and Employment and Social Inclusion Programmes, the TASR newswire wrote. The Operating Programme Society Informatisation is viewed as problematic in terms of European-fund drawing, however, with a low number of contracts signed.

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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