Spectator on facebook

Spectator on facebook

Parliament acts to avert failure to draw EU funds

The Slovak parliament passed an amendment to the Act on Aid and Support Provided from EU Funds in fast-tracked procedure on February 29 that establishes a so-called project reservoir as of April, the TASR newswire reported.

The Slovak parliament passed an amendment to the Act on Aid and Support Provided from EU Funds in fast-tracked procedure on February 29 that establishes a so-called project reservoir as of April, the TASR newswire reported.

Slovakia is facing a realistic risk of failing to draw allocated financial resources from the European Union due to the approaching end of the 2007-2013 programming period and if this happens Slovakia could lose a significant amount of money, TASR wrote.

The provisions of the amendment are designed to significantly reduce the time required for having submitted projects passed by the appropriate government body as well as to decrease the administrative burden linked with the process of their preparation.

In addition the legislation expands the number of organisations authorised to implement large projects under the various Operational Programmes.

Source: TASR

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

12 places where you can see the works of one of the best medieval wood carvers Photo

The works of the renowned Master Paul are not limited just to Levoča.

St Geirge Curch in Spišská Sobota

Ukrainian caught beauty of Nitra in video Video

The city under Zobor is beautiful also from a bird’s perspective.

Heatwaves to continue in Slovakia over the following days

More than 40 people collapsed due to hot weather on Thursday.

Foreigners: Events around Slovakia Photo

Tips for performances and other events in the Slovak regions between July 21 and 30, including a castle festival, a parkour meeting, a hip-hop dance and music festival, a festival of minorities, a special run,…

Onyx will perform at the Legits Blast event in Banská Bystrica