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S. Migaľ: Slovakia has used up 1.5 billion euros from EU funds and has met the N 3 rule

by AI | 03.Dec 2025 | Europe in brief AI

Minister of Investments of the Slovak Republic Samuel Migaľ announced that Slovakia has used up 1.5 billion euros of EU funds and has met the N+3 rule.

Minister of Investments of the Slovak Republic Samuel Migaľ announced that Slovakia has met the N+3 rule in drawing EU funds. PHOTO: TASR - Jaromír Novak

Bratislava – Slovakia has drawn 1.5 billion euros from EU funds and at the same time, as of November 30 of this year, has also fulfilled the commitments of the N+3 mechanism. The mechanism stipulates that financial resources allocated to a state for a specific year must be spent and properly accounted for by the end of the third calendar year after their allocation. The Communication Department of the Ministry of Investments, Regional Development and Informatization (MIRRI) of the Slovak Republic informed about this on Wednesday, reports TASR.

“We managed to significantly speed up the drawing of European money already in 2025, when we had the obligation to draw 1.5 billion euros. The new leadership of the ministry set up processes so that EU money ends up in real projects as quickly as possible and brings concrete help to the regions. Since we took office, we have increased the drawing from the original not quite six percent to the current 12.3%, which is more than a twofold increase and brings visible results,” said Minister Samuel Migaľ (independent).

He recalled that previous governments announced the first calls in the Slovakia Programme only in 2023, and the first delegation agreements between MIRRI and intermediary bodies were signed only in the middle of the same year. According to Migaľ, this caused time delays, because projects must not only be approved and implemented, but subsequently also reimbursed within the set deadlines.

Slovakia has doubled the drawing of EU funds this year

The minister added that this year the drawing of EU funds has doubled; currently 6.32 billion euros are contractually tied up in projects, that is, more than half of the allocation. MIRRI also wants to continue supporting projects that bring visible benefits to the regions.

“This approach is also linked to the success in averting the threat of decommitment for 2026. Thanks to the revision of the Slovakia Programme, through which we are responding to the new EU priorities within the Modernised Cohesion Policy, it was possible to save approximately 750 million euros. After approval by the Monitoring Committee and the European Commission, this step will ensure that the funds remain in Slovakia and we will gain one extra year for their effective use,” added the investment department. (December 3)