Uncategorized

EC Approves Slovakia’s Recovery Plan

Reading Time: < 1 minute

The European Commission has approved the economic Recovery and Resilience Plan submitted by Slovakia, which was among the first EU member states to present how it intends to spend EUR 6.3 billion in Union funds on things like education, healthcare and the environment.

EC president Ursula von der Leyen complimented Slovakia’s submission, calling it “ambitious.” It is the 5th member state plan to be approved.

In judging countries’ plans, the Commission mandates that their planned investments and reforms be based on an approach that is both green and includes digital transformation while also promoting economic growth and job creation. New renewable energy capacities, and the greening of private and public buildings are two green aspects to be realized, while investments in e-governance are an element of Slovakia’s pursuit of digitalization.

Now, the European Council needs to give its final approval of Slovakia’s plan.

Sources: Slovak Spectator, Euractiv

CET Editor

Recent Posts

Poland to focus on security, regional cooperation during upcoming EU rotating presidency

Polish government representatives outlined the key priorities for its six-month stint holding the presidency of…

6 days ago

Bulgaria, Romania to join Schengen free travel area

Romania and Bulgaria are set to become full members of the Schengen Area on 1…

6 days ago

Slovenia tightens border as EU pledges migration revamp

Slovenia has announced an increase in border controls with Croatia and Hungary, citing national security and escalating concerns over…

6 days ago

Poland leads CEE on media subscriptions – Reuters institute report

Digital news consumption in Central and Eastern Europe (CEE) is transforming, driven by evolving audience…

6 days ago

FDI paints rosier picture for Poland, Romania – OECD report

Central and Eastern European (CEE) countries are still navigating post-pandemic economic challenges amid newer geopolitical…

2 weeks ago

Statistics Austria sees prosperity in decline

Austria's economy has contracted for the sixth quarter in a row, and there has been…

2 weeks ago