by AI | 06.Nov 2025 | Europe in brief AI

Slovak Prime Minister Robert Fico announced that after a government review of the use of EU funds, Slovakia will not lose any money from the EU.

Prime Minister of Slovakia Robert Fico announced that Slovakia will not lose any EU funds. PHOTO: TASR

Bratislava – The government-approved revision of the utilization of EU funds in practice means that Slovakia will utilize all funds from EU sources and nothing will be lost. Achieving one hundred percent utilization of EU funds is among the steps that significantly stimulate the economic growth of Slovakia. This was stated on Thursday on social media by the Prime Minister of the Slovak Republic, Robert Fico (Smer-SD), as reported by TASR.

In this context, Robert Fico thanked the Minister of Investments, Regional Development, and Informatization of the Slovak Republic Samuel Migaľ (independent) as the presenter of the government material. “Yesterday we approved the revision of the utilization of European funds at the government. I thank Minister Migaľ, other ministers, and the heads of higher territorial units for the agreement,” said Fico.

The Prime Minister also thanked the Minister of the Environment of the Slovak Republic Tomáš Taraba (nominated by SNS) for vigorously advocating the Slovak government line at official forums, which, according to him, rejects harming the economic interests and competitiveness of the European Union with nonsensical climate goals.

The Prime Minister also expressed hope that the Visegrad Group (V4) countries will act similarly at the European level. “I believe that the V4 will also be successful in rejecting the new system of emission allowances, which will significantly increase the prices of fuels and energy,” stated Fico.

On Wednesday (November 5), the government approved the proposal of the Minister of Investments, under which Slovakia is preparing a change to the Slovakia Program in connection with the new “Modernized Cohesion Policy” of the European Union. As part of this, more than 10% of the program’s allocation should be shifted to new strategic priorities of the Union. “The proposed shift of allocation within the Slovakia Program will allow the Slovak Republic to additionally take advantage of several benefits and incentives, which are a key factor in the context of the ongoing consolidation of public finances,” stated the Ministry of Investments in the submission report. (November 6)

“I believe that the V4 will also be successful in rejecting the new system of emission allowances, which will significantly increase the prices of fuels and energy..” Robert Fico