Close Menu

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    Israel Agrees to U.S.-Proposed Gaza Cease-Fire Deal but Rejects Hamas’s Demands

    July 2, 2025

    Cash Transfers: Cutsinger’s Solution – Econlib

    July 2, 2025

    Real Madrid vs Juventus Video Highlights and Stats

    July 2, 2025
    Facebook X (Twitter) Instagram
    Facebook X (Twitter) Instagram Vimeo
    Daily Western
    Subscribe Login
    • Western News
      • Culture
      • Politics
      • Economy
    • Sports
      • Football
      • basketball
    • Weather
    Daily Western
    • Home
    • About Us
    • Contact Us
    • Privacy Policy
    Home»Politics»P. Kmec: Slovakia requests the historically highest payment from the EU recovery plan, for almost one billion euros
    Politics

    P. Kmec: Slovakia requests the historically highest payment from the EU recovery plan, for almost one billion euros

    DailyWesternBy DailyWesternJuly 1, 2025No Comments3 Mins Read
    Facebook Twitter Pinterest LinkedIn Tumblr WhatsApp VKontakte Email
    P. Kmec: Slovakia requests the historically highest payment from the EU recovery plan, for almost one billion euros
    Share
    Facebook Twitter LinkedIn Pinterest Email


    Bratislava – Slovakia is submitting its sixth payment request from the Recovery and Resilience Plan amounting to 977 million euros. This is the highest request for funds from the European mechanism in history, from which Slovakia is expected to receive a total of 6.4 billion euros. This was announced on Monday (June 30) by the Deputy Prime Minister for the Recovery Plan and Knowledge Economy, Peter Kmec (Hlas-SD), as reported by TASR.

    Kmec emphasized that Slovakia is proceeding according to the schedule agreed upon with the European Commission (EC) and has already approved five payment requests. “The sixth, nearly one billion euros, is on the way, and we still have three payment requests ahead of us in the total amount of 6.4 billion euros. We will submit the seventh in the fall of this year, and next year, the final year of the recovery plan, we still have two more, the eighth and ninth payment requests,” Kmec announced.

    As part of the sixth request, Slovakia is set to receive nearly one billion euros for meeting 31 milestones and targets, including several partial fulfillments that will be definitively declared in the final ninth payment request. The current request also includes projects to support research, development, innovation, providing scholarships for talented students, and reforming the financing of preschool education. The construction and reconstruction of several hospitals is also ongoing, and the capacities of social service homes are being expanded.

    The European Commission typically has two months to assess the request; however, according to him, the entire process will also be affected by the summer break, during which the approval of the sixth payment request will be interrupted for several weeks. By the time it is evaluated sometime in October, alternative deadlines for some milestones and targets that are still “catching up” will also be met, the Deputy Prime Minister anticipates.

    “In the fall, we will start preparing very intensively for the seventh payment request, which should be submitted by the end of October,” he announced.
    According to him, the challenge will be to close the recovery plan next year, as the deadlines are stricter. Slovakia originally planned to submit the final ninth payment request during the second half of 2026, but the EC wants all milestones and targets to be declared as fulfilled by August 2026. Therefore, much stricter monitoring and oversight of large investment projects that are in progress is also needed. Goals that cannot be achieved by the set deadline will, according to Kmec, be taken into account in one more revision of the recovery plan, which the EC allows in the second half of this year. (July 1)

    “The sixth, nearly one billion euros, is on the way, and we still have three payment requests ahead of us in the total amount of 6.4 billion euros. We will submit the seventh in the fall of this year, and next year, the final year of the recovery plan, we still have two more, the eighth and ninth payment requests.” Peter kmec.

    billion euros Highest historically Kmec payment plan recovery requests Slovakia
    Share. Facebook Twitter Pinterest LinkedIn Tumblr WhatsApp Email
    Previous ArticleCultural Trust geographic reach “remarkable,” says impact report; Per capita funding for culture peaks in rural Oregon
    Next Article Wildfires erupt in California as drought conditions expand
    DailyWestern
    • Website

    Related Posts

    Israel Agrees to U.S.-Proposed Gaza Cease-Fire Deal but Rejects Hamas’s Demands

    July 2, 2025

    Brussels in the overview of the state of justice for Slovenia highlights the duration of proceedings

    July 2, 2025

    Fact-checking Trump at Florida’s Alligator Alcatraz about immigration, One Big Beautiful Bill

    July 2, 2025

    Budget Bill Undermines Trump’s Energy Dominance Agenda

    July 2, 2025
    Leave A Reply Cancel Reply

    Demo
    Our Picks
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo
    Don't Miss
    Politics

    Israel Agrees to U.S.-Proposed Gaza Cease-Fire Deal but Rejects Hamas’s Demands

    By DailyWesternJuly 2, 20250

    Welcome back to World Brief, where we’re looking at a U.S.-proposed Israel-Hamas cease-fire deal, who…

    Cash Transfers: Cutsinger’s Solution – Econlib

    July 2, 2025

    Real Madrid vs Juventus Video Highlights and Stats

    July 2, 2025

    Deandre Ayton Expected To Sign With Lakers

    July 2, 2025

    Subscribe to Updates

    Get the latest creative news from SmartMag about art & design.

    About Us
    About Us

    Welcome to Dailywestern.news your reliable source for real-time updates on Western affairs, sports highlights, and global weather insights.

    Our Picks

    Ro Khanna on Elon Musk, Donald Trump, and China

    June 5, 2025

    How the Trump-backed policy bill rolls back Obamacare

    June 5, 2025

    Greg Mankiw’s Blog: Stanley Fischer

    June 5, 2025
    New Comments
      Facebook X (Twitter) Instagram Pinterest
      • Home
      • About Us
      • Contact Us
      • Privacy Policy
      © 2025. All Rights Reserved by Dailywestern.

      Type above and press Enter to search. Press Esc to cancel.

      Sign In or Register

      Welcome Back!

      Login to your account below.

      Lost password?