The government has taken financial measures to optimise the phasing of EU structural funds. The reallocations and granting of additional phasing rights will result in SIT 11bn (EUR 45.9m) in extra funds.
Most of the extra funds will be earmarked for measures under the National Development Strategy and the Lisbon Strategy.
An extra SIT 4bn (EUR 16.7m) will be funneled into projects for the technical development of small and mid-sized enterprises this year, with an additional SIT 2bn (EUR for 8.35m) for the promotion of innovation.
Some SIT 5.5bn (EUR 23m) will be available for the development of tourist destinations and SIT 2.1bn (EUR 8.8m) for the training and education in the corporate sector.
The government said it had taken these measures despite a significant improvement in fund phasing since last year: by the end of 2005 the state published tenders for SIT 68bn (EUR 283.8m), or 87% of the available funds.
According to the press release, these measures are crucial if the country is to use all available funds for the 2004-2006 programming period.
The measures mean that the bulk of the funds will be used by the end of 2006, so Slovenia can focus in 2007 on activities that it will define in operational programmes for the next programming period.
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