Slovakia to relocate €1.3 billion from EU funds to combat impacts of the pandemic

The so-far unused EU funds will be relocated into five key spheres.

Veronika Remišová (Za Ľudí), vice prime minister for investments and informatisation Veronika Remišová (Za Ľudí), vice prime minister for investments and informatisation (Source: TASR)

Slovakia will have an additional €1.3 billion from so-far unused EU funds to mitigate the impacts of the COVID-19 pandemic.

“Health is invaluable and thanks to the measures we have introduced, we are doing well, but it is also important to take care of the health of the economy,” said Veronika Remišová (Za Ľudí), vice prime minister for investments and informatisation, as cited by the SITA newswire. “And that is what the money from the EU coffers is destined for.”

Based on documents approved by the cabinet on April 28, these funds, €1.252 billion from EU funds and €100 million from savings within the Operational Programme Human Resources in the Priority Axis Employment, will be relocated into five key spheres.

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