At a time when Slovak economic growth is threatened by inflation and war in Ukraine, the economy should be helped to stay afloat by an unprecedented inflow of Eurofunds. However, Slovakia’s historically weak ability to exhaust them poses a risk that it will be a “huge missed opportunity,” says the National Bank of Slovakia. The chart of the day from the June report of the central bank shows that Slovakia has been the second worst in the drawdown of cohesion funds since 2020 after Croatia. The use of funds has slowed down especially after the onset of the pandemic, in the years 2014 to 2019, up to three countries were worse off than us, except Croatia. You need at least a standard subscription to read. Are you a subscriber?
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