Slovakia Must Meet Recovery Plan Milestones by August 31 for EU Funding
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Slovakia faces a deadline of August 31 to fulfill specific milestones and objectives under its EU recovery plan, according to the Central Office of Labor, Social Affairs and Family (ÚPPV). The European Commission's comitology committee is scheduled to review Slovakia's sixth and seventh payment requests on Friday, April 17, worth approximately 1.4 billion euros combined. The recovery plan refers to Slovakia's portion of the EU's post-pandemic Recovery and Resilience Facility, which provides member states with grants and loans to support economic recovery and modernization projects contingent on meeting specific reform and investment targets.