Slovakia to get extra €33 million to counter impacts of Brexit

This is €9 million more than originally proposed.

A member of protocol removes the EU flag from the UK Permanent Representation to the EU in Brussels on January 31, 2020. A member of protocol removes the EU flag from the UK Permanent Representation to the EU in Brussels on January 31, 2020. (Source: AP/TASR)

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.

Related articleThe impact Brexit has on businesses is hard to tell due to the pandemic Read more 

“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.

The rest of this article is premium content at
Subscribe now for full access

I already have subscription - Sign in

Subscription provides you with:
  • Immediate access to all locked articles (premium content) on
  • Special weekly news summary + an audio recording with a weekly news summary to listen to at your convenience (received on a weekly basis directly to your e-mail)
  • PDF version of the latest issue of our newspaper, The Slovak Spectator, emailed directly to you
  • Access to all premium content on and

Top stories

News digest: Slovakia records highest number of positive cases since mid-April

Covid spreads mostly in schools. Bratislava ring road stretches to open on Sunday. Slovak water slalom athletes successful at world championships.

5 h
arrested Pavol Ďurka of NAKA specialised team Purgatory heading to Bratislava' district court.

How an anti-team dismantled an elite police team with the help of the secret service

Hints of a possible coalition break-up over rule of law not materialising for now.

21. sep
In this photo taken from video, Slovakia's President Zuzana Čaputová remotely addresses the 76th session of the United Nations General Assembly in a pre-recorded message, Tuesday, Sept. 21, 2021 at U.N. headquarters.

President to the UN Assembly: Where scientists succeeded, politics is still failing

Zuzana Čaputová recalled the words Pope Francis addressed to Slovak youth during his recent visit to Slovakia.

12 h
Monika Tódová

Charges against Denník N journalists dropped

The decision came after the general prosecutor ordered the regional prosecutor to examine the legitimacy of the charges.

21. sep
Skryť Close ad