European Commission Approves Revision of Slovakia's Recovery Plan

Bratislava, 22 October (TASR) - The European Commission (EC) has approved a revision of Slovakia's Recovery and Resilience Plan, with the reason being the EC's initiative according to which all member states should simplify the implementation of and reporting on the reaching of milestones, the Office of the Vice-premier for the Recovery Plan and a Knowledge-based Economy has told TASR, adding that Slovakia also used this technical revision to revise the content of certain measures. "I'm very pleased that we've been able to carry out this challenging process in such a short time with such a positive evaluation. The result of our intensive negotiations with the EC is the preparation of measures that will help Slovakia to meet the overall objectives of the recovery plan," said Vice-premier for the Recovery Plan and a Knowledge-based Economy Peter Kmec. According to the Office of the Vice-premier, these steps were necessary to ensure that the projects could be implemented by the end of August 2026. Slovakia has thus transferred almost €197 million through the revision. The revision concerned changes to some measures that cannot be implemented due to the shortness of time. After the submission of the revision, intensive negotiations with the EC continued, also following internal comments on the submitted revision at EC level. The whole process is thus the result of difficult negotiations with the European Commission in coordination with the implementers of the recovery plan. am