Recovery plan has five priorities, green economy will get the most money

The proposed plan will undergo interdepartmental review now.

Finance Minister Eduard HegerFinance Minister Eduard Heger (Source: SITA)

The Next Generation EU plan that Slovakia will submit to the European Commission focuses on five main priorities. The most money, €2.17 billion, should be poured into a green economy.

The plan, sent by the Finance Ministry, will now undergo an interdepartmental objection procedure. The deadline for sending it to the commission is April 30. Slovakia could draw €6 billion, the TASR newswire wrote.

Plan has five main priorities

Aside from creating a green economy, another priority highlighted in the plan is the improvement of the healthcare field with a sum of €1.45 billion.

The pandemic drives appetite for automation and robotisation Read more 

Effective public administration should see €1.03 billion, education should get €800 million, and science, research and development should receive €700 million. The plan is divided into 18 parts, so-called components, that include reforms and investments of an overall value of €6 billion.

The educational field consists of three components, for example. Availability, development and quality of inclusive education should get €150 million, education for the 21st century has been allocated €450 million and €200 million will be spent on increasing the performance of universities.

Modern healthcare and green economy

Modern and available healthcare should receive €1.1 billion, long-term care should be supported with €250 million and mental health care with other €100 million.

Restart of Slovak economy should be green Read more 

Green economy includes €220 million in renewable sources of energy, €700 million in the renewal of buildings and €750 million in sustainable transport. €350 million should go towards the decarbonisation of the industry and €150 million should go to the adaptation to climate change.

The renewal plan also focuses on ensuring an effective state and digitalisation. This includes a planned allocation of €10 million for the improvement of the business environment, €240 million for justice reform and €200 million for the fight against corruption and protection of inhabitants. Digital Slovakia should see an allocation of €580 million.

The field of science, research and innovation includes two components. One of them is effective management and the strengthening of science, research and development financing, which should receive €600 million. A sum of €100 million will be spent on attracting and keeping talents in Slovakia.

Top stories

News digest: Green passes to be launched on Saturday, minister asks people not to sign up right away

Three other Delta variant cases confirmed in Slovakia. Travelling within the EU should be easier thanks to Green Passes. People in tourism optimistic about the upcoming season.

7 h
Marian Kocner and his lawyer at the Supreme Court

The wrong way to put things right

Overturning not-guilty verdicts, especially in cases as emotive as the Kuciak murder trial, is a very bad idea.

10 h
In 2020, the National Cybersecurity Centre was involved in investigating 450 ransom attacks.

North Koreans and Russians. How did hackers target Slovakia?

The security authority reported hundreds of attacks over the past year.

23. jún
Illustrative stock photo

First Delta variant case confirmed in Slovakia

The labs confirmed the strain in a positive sample from a person who returned from Russia.

23. jún