EU approved Slovakia's scheme to give away €80 million for coronavirus-related projects

The state aid scheme is meant to test projects linked with COVID-19.

President of the European Commission Ursula von der Leyen.President of the European Commission Ursula von der Leyen. (Source: AP/TASR)
EU recovery plan opens a window of opportunity if Slovakia can use it well Read more 

The European Commission approved Slovakia's state aid scheme worth €80 million to support research, development and testing infrastructure for development linked with the coronavirus pandemic.

The commission said the scheme was approved to support industrial research and experimental research projects, as well as testing and expanding the infrastructure linked with the production of products linked with COVID-19, the TASR newswire reported.

The scheme was approved within a temporary legal framework on state aid, which the European Commission accepted in March and completed and updated during April.

Development and production

Public support would be co-financed from European structural and investment funds. The aim of the scheme is to increase and make the development and production of products directly linked with the spread of new coronavirus faster, including vaccination substances, hospital and medical devices, medicine and protective means.

Slovakia urged to think green after pandemic Read more 

The Commission found out that the Slovak scheme is in accordance with conditions given in the temporary legal frame.

The state aid will cover a significant part of the costs to research and development and other investment projects.

EU executives came to the conclusion that this measure is inevitable, proportionate and suitable for a fight against the coronavirus crisis. This was the base for approval of measures of the Slovak side according to EU rules on state help.

Top stories

News digest: Former PM met with people close to corruption scandals

Košice and Bratislava finally get highway connection - via Hungary. Supreme Court hands editor-in-chief of Zem a Vek magazine €4,000 fine.

5 h

Thumbelina and Ugly Duckling, soon to be read by Rusyns in their native language

An architect decided to make a book translation and collected money via crowdfunding.

8 h
Illustrative stock photo

What is next for philanthropy?

Martina Kolesárová describes the current trends reshaping philanthropy with the aim of delivering meaningful solutions with a lasting impact.

11 h obtained photos from a cottage, where Robert Fico (top right) would meet Miroslav Bödör (on his left), attorney Marek Para (bottom left) and Pavol Gašpar.

Police recorded cottage meetings of Fico, Kaliňák and people close to corruption cases

Prosecutors claim the recordings confirm attempts to interfere with the investigation of major corruption cases under Smer governments.

25. okt
Skryť Close ad