Spectator on facebook

Spectator on facebook

EU funds diverted for youth jobs

THE SLOVAK cabinet approved a proposal on June 27 to divert some funds from two EU-supported operational programmes to finance measures supporting youth employment and give subsidies to small and medium-sized enterprises if they hire young workers, the TASR newswire reported.

THE SLOVAK cabinet approved a proposal on June 27 to divert some funds from two EU-supported operational programmes to finance measures supporting youth employment and give subsidies to small and medium-sized enterprises if they hire young workers, the TASR newswire reported.

A total of €55 million from the Operational Programme Transport will be transferred for these purposes but the remaining resources in OP Transport will still be nearly €3.8 billion.

“That means that the allocated resources will be reduced by 1.43 percent,” stated Ján Počiatek, Minister of Transport, Construction and Regional Development, in the document submitted to the cabinet meeting, as quoted by TASR.

An additional €70 million will be diverted from OP Education to OP Employment and Social Inclusion and it is expected that about 13,000 jobs for young people will be created using these transferred funds. The Labour Ministry is currently preparing specific programmes.

“Within two or three weeks we want to prepare two specific programmes that should create conditions for about 13,000 new jobs,” stated Labour Minister Ján Richter, as quoted by the SITA newswire. The ministry is contemplating a combination of measures focusing on the requalification of young jobseekers so that they meet the needs of the employers and providing salary subsidies for young workers.

One programme will be focused on jobs with local and regional governments and the other will support small and medium-sized enterprises in the private sector that could qualify for state support if they hire young jobseekers, SITA reported.

The processing of personal data is subject to our Privacy Policy and the Cookie Policy. Before submitting your e-mail address, please make sure to acquaint yourself with these documents.

Top stories

How rock music helped bring down the totalitarian regime Video

A new film shows that Rock & Roll, forbidden in the Soviet Union, helped to end the Cold War.

Illustrative Stock Photo

Movies under an open sky feel differently than in an air-conditioned cinema Photo

The popularity of outdoor cinemas is increasing in Bratislava

Bažant Kinematograf on the Magio Pláž beach

Peter Sagan announces split with his wife Katarína

The Slovak cycling star who has a young son said “It will be much better this way”.

Peter Sagan marries Katarína, November 2015.

Top 3 news from Last Week in Slovakia Video

Slovakia to buy 14 American fighter jets.

This archive picture from 2014 shows an older model of the F-16 fighter jets.