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Most EU funds temporarily halted

IN reaction to errors made when drawing European Union funds and running the operational programmes for which those funds are intended, the European Commission (EC) suspended Slovakia’s ability to draw these funds in the majority of operational programmes.

IN reaction to errors made when drawing European Union funds and running the operational programmes for which those funds are intended, the European Commission (EC) suspended Slovakia’s ability to draw these funds in the majority of operational programmes.

Out of 11 Slovak Operational Programmes from 2007-13, the EC suspended funding for nine, with only those dealing with the environment and employment remaining unaffected, the TASR newswire reported on August 1.

The Finance Ministry claims that it has been busy fixing these shortcomings since mid-May.

“We’ve already met three out of 10 requirements, with the remaining four being met partially and the other three addressed gradually,” the Finance Ministry told TASR. “Also, because of this [progress], the payments in the Operational Programme Education have been unblocked.”

The Finance Ministry has not specified the reasons for the suspension and emphasises that the funding of projects and payments for end recipients are not at risk. It called the suspension of payments “a regular manner in which shortcomings are addressed”, citing the suspension of funding for five operational programmes in 2012.

Compiled by Spectator staff from press reports
The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.

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