The Investment, Regional Development and Informatisation Ministry (MIRRI) has decided to decentralise the drawing of EU funds in Slovakia, Ministry State Secretary Vladimir Ledecky announced on Thursday. Ledecky explained that integrated regional investments will be a key tool of the decentralised drawing. The investments will finance projects that will be "tailor-made" for individual regions. These projects will have to be based on an integrated territorial strategy that will be drawn up in advance by local authorities. This will allow them to create their own vision of the development of their region and approve it for the next decade. "In practice, it means that all relevant authorities [including non-profit organisations] will agree on what the given region needs," explained Ledecky. As he added, the goal of the new approach is to teach individual authorities how to cooperate, so that EU funds can be distributed as effectively and transparently as possible.
Source: TASR
