Slovakia faces deadline to redirect 195 million euros from recovery plan hospital funding
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Slovakia has until the end of May to make changes to its recovery plan to avoid losing 195 million euros originally allocated for hospitals. The government must decide where to redirect these European Union funds to prevent them from expiring unused. The Recovery and Resilience Plan is the EU's post-pandemic economic recovery program that provides member states with grants and loans to support reforms and investments. Slovakia's ability to modify its plan is limited to the May deadline, after which any unallocated or improperly directed funds could be forfeited back to Brussels.