Commission and Slovak experts are together analysing all possible solutions to improve the absorption of funds and speed up the implementation of cohesion policy programmes.
"There is a real need to improve the use of the Structural and Rural Development Funds in Slovakia", said President Barroso following a meeting in Brussels with the Slovak Prime Minister Fico.
"There is a risk that Slovakia will not be able to absorb some of the funds in the current programming period. It is crucial to avoid this risk and to use those funds, which benefit the citizens, regions, businesses and also economic recovery and job creation", said the President.
Commission and Slovak experts are together analysing all possible solutions to improve the absorption of funds and speed up the implementation of cohesion policy programmes.
Growth and job creation, unemployment and social inclusion remain the main issues that Slovakia needs to address. President Barroso reassured the Prime Minister that the Commission genuinely wants to help Slovakia achieve these objectives.
"We also had a very open discussion about the need to preserve sound public finances and strengthen institutions, human capital, and the business environment. These are the necessary conditions for a long-term growth in Slovakia and throughout the EU", said President Barroso.
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