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EU is flooding Slovakia with money but we are unable to spend it

Slovakia will get more money from the EU in 2021-27 compared to 2014-20. The money flow to Slovakia will be skewed towards the first years; i.e., as soon as possible after the pandemic. Of the €750bn package, Slovakia will get about €8bn. It remains to be seen whether we are able to spend the money, as Slovakia is the 2nd-worst in spending EU funds for 2014-20, with €4bn still on the table.

Táto správa je z Ekonomiky DNES, denného prehľadu najdôležitejších ekonomických správ zo Slovenska.

This news is from the Slovak Business News TODAY, one-page summary of all the important Slovak business news.

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