Slovakia Has Used Nearly a Quarter of Available EU Funds

Slovakia Has Used Nearly a Quarter of Available EU Funds

Slovakia had used nearly a quarter of its allocated EU funds for the current programming period by the end of October, according to the Finance Ministry. Of the total 12.79 billion euros available, the country has so far drawn approximately 3.13 billion euros, marking a slight increase compared with September.

Most of the funding is distributed through the main Programme Slovakia, which accounts for the vast majority of the country's EU allocation. Among the smaller programmes, the highest absorption rates were recorded in initiatives supporting European cooperation, including cross-border projects with the Czech Republic. Meanwhile, the Slovak-Austrian cooperation programme has made slower progress, and no funding has yet been drawn from the Fisheries Programme.

Source: TASR

Patrícia Polakovičová, Photo: TASR

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