Slovakia will receive €33 million from the €5 billion Brexit Adjustment Reserve launched to counter the adverse economic and social consequences of Brexit. This is €9 million more than originally proposed. The Brexit Adjustment Reserve will be distributed in two rounds.
“We designed this reserve to provide swift and uncomplicated help, focusing on EU member states most adversely affected by Brexit,” said European Commissioner for Budget and Administration Johannes Hahn, as cited in the press release from December 25, 2020.
Slovakia’s Investment Ministry is now preparing a document on the implementation of the aid.