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BRATISLAVA – On Friday, October 18th, the Slovak Republic definitively received consent for the full payment of the fourth installment of its recovery plan. The European Commission (EC) confirmed that the criminal amendment is not contrary to the milestones of the recovery plan. This was announced by the Director of the Communication Department of the National Implementation and Coordination Authority, Oľga Dúbravská, from the Office of the Deputy Prime Minister of the Slovak Republic for the Recovery Plan.
„We have met all fifteen milestones within the fourth payment request, guaranteeing us a payment amount of 799 million euros. After evaluating additional information, the EC concluded that the original milestone concerning anti-corruption and judicial independence is not considered reversed and therefore the request is positively evaluated,“ stated the Deputy Prime Minister for the Recovery Plan and Knowledge Economy of the Slovak Republic, Peter Kmec (Voice-SD).
The total value of the application was 923 million euros. After deducting the pre-financing part, which Slovakia has already received, a payment of 799 million euros is expected in the coming days. Thanks to these funds, various reforms can be implemented, such as improving the integration and financing of long-term social and health care, or reforming counseling and prevention in the field of mental health support for children, pupils, and students.
„This example shows that negotiations with the European Commission are taking place at a very professional and correct level, and I will be glad if we do not make the recovery plan in Slovakia a political competition. Let’s focus on the outcome and be proud of what we have achieved today,“ Kmec concluded.
Slovakia has submitted four requests so far. The recovery plan anticipates a total of nine payments until its end, which is until 2026. Slovakia will submit the fifth payment request in December of this year. (October 18th)
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