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

PM Fico wants Education Minister’s resignation

Education Minister Peter Plavčan has refused to leave, the Prime Minister demanding his resignation.

Education Minister Peter Plavčan

Have you ever climbed a via ferrata? Photo

In central Slovakia, there is one also suitable for beginners. Here are some of the views it offers.

Things that make us different also make us stronger

On August 19, a rainbow flag will fly over the US Embassy in Bratislava to represent the firm commitment of the United States to defending the human rights of LGBTI people, writes Ambassador Sterling.

The rainbow flag flew over the US Embassy in Bratislava in 2016.

Southern Slovakia will face heat again

The first-level warning is issued for the 16th and 17th.