Remišová: Slovakia Risks Losing 1.54 Billion Euros Due to Alarming Absorption of EU Funds

Bratislava – Recent reports indicate that Slovakia has only utilized three percent of its total allocation of 12.5 billion euros in EU funds. If the pace of fund absorption does not significantly improve, the country risks losing 1.54 billion euros by the end of this year. On Wednesday, Veronika Remišová, an opposition member of the National Council of the SR representing “For the People,” expressed her concern over this alarming trend, as reported by TASR.

Remišová, a former Deputy Prime Minister and Minister of Investments, Regional Development and Informatization of the SR, is critical of the current Ministry of Investments, Regional Development and Informatization (MIRRI) led by Richard Raši from the Hlas-SD party.

“Richard Raši has no understanding of how to effectively absorb EU funds. His inactivity is causing Slovakia to forfeit billions that could support science, research, hospitals, schools, and infrastructure,” Remišová stated.

She further noted that the prolonged process of fund absorption is largely due to excessive bureaucratic hurdles in the informatization sector. “It takes at least two to three years from the announcement of a call to the actual drawing of funds. Once a call is published, there are numerous steps—project preparation, submission, evaluation—and the ministry is experiencing significant delays at each stage,” she elaborated.

In reaction to Remišová’s comments, Raši highlighted her lack of action during her own time at MIRRI. He pointed out that under her leadership, it took an average of 25 months from the announcement of a call to the first drawing of EU project funds.

“We have been in the department for just over 15 months and during this time, we have announced 262 calls, which utilize 72% of the available funds. We have received project applications totaling eight billion euros, signed off on projects worth over 4.6 billion euros, and have already started drawing funds, with nearly 400 million euros already accessed,” Raši detailed. (February 5)


Comments

6 responses to “Remišová: Slovakia Risks Losing 1.54 Billion Euros Due to Alarming Absorption of EU Funds”

  1. fire bite Avatar

    Oh, brilliant! Just what Slovakia needs: a masterclass in procrastination from our esteemed leaders—who knew bureaucratic hurdles could be Olympic sport? 🏅 At this rate, we’ll be funding our hospitals with Monopoly money! 💸

  2. ShadowDancer Avatar
    ShadowDancer

    Looks like Slovakia has decided to treat EU funds like a fine wine—better left uncorked, I suppose 🍷. Meanwhile, I’m just here wondering if they think the money will magically absorb itself… or is that just wishful thinking? 😅

  3. silver cup Avatar
    silver cup

    Is it just me, or does Slovakia have a PhD in sitting on EU funds? 😅 Looks like a masterclass in bureaucratic delays—at this rate, we’ll be using those funds to pay off a time machine just to go back and get things done! 🏦💸

  4. SWAT Honey Avatar
    SWAT Honey

    Looks like Slovakia’s EU funds are playing hide and seek—only problem is, they’re the ones hiding and the country’s just playing! 🤦‍♂️ At this rate, we might as well throw a party for the bureaucrats to celebrate their love for paperwork instead of progress. 🍻

  5. Oh great, just what Slovakia needs—more bureaucratic tango while the euros slip through our fingers like a bad Slovak wine! 🍷 At this rate, we’ll have enough cash to buy a round of drinks for the entire EU, but not a single cent for our schools or hospitals. 🙄

  6. gentle 
avenger Avatar
    gentle avenger

    Isn’t it just delightful watching Slovakia play a thrilling game of “who can waste EU funds faster”? At this rate, we might as well send the money to a pub quiz and place our bets on the next leader of the “National Council of Procrastination”! 🍻💸

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