Residential ESS project financing options in Slovakia 2026

Are EU funds a significant part of public investment in Slovakia?

EU funds remain a significant part of public investment in Slovakia.6 The RRF financial support represents 6.7 % of Slovak GDP in 2019, and is expected to contribute significantly to economic growth and job creation in the country.

How much RRF support does Slovakia have?

Almost 17 % of the total RRF support for Slovakia is dedicated to this priority. The plan reflects Slovakia's objective of speeding up transition to a low-carbon economy, in line with its integrated national energy and climate plan for 2021-2030, and its commitment to achieve climate neutrality by 2050.

What is programme Slovakia 2021 – 2027?

Programme Slovakia 2021 – 2027 was approved by the European Commission on 22 November 2022. Goal no. 4 aims to reach a more social Europe supporting education, health care, labor market and social services.

How will pre-financing work in Slovakia?

On 13 October 2021, the Commission disbursed €822.7 million in pre-financing, enabling Slovakia to kick-start the plan's implementation. Pre-financing will be gradually cleared by reducing the subsequent actual disbursements for each of the 10 grant instalments by 13 %.

How much government investment is financed in Slovakia?

In the 2014-2020 period, about 60 % of government investment in Slovakia was financed from EU funds (European Regional Development Fund, Cohesion Fund, European Social Fund and Youth Employment Initiative). See: Cohesion in Europe towards 2050.

How much does Slovakia's grant allocation cover in 2022?

The allocation covers almost entirely the total cost of the plan, which stands at €6 575 million. In June 2022, Slovakia's grant allocation was revised downwards to €6 007.3 million (-5.1 %).