A Slovak ministry has proposed a reallocation of €1 billion from the European structural and investments funds on Wednesday.
As EURACTIV Slovakia reported, Bratislava was supposed to only have an allocation of €20 million, due to the EU’s money allocation model, in place for 20 years, which prioritises poorer regions, allocating them a larger portion of the money.
According to EU rules, Bratislava belongs to the category of “more developed regions” with a GDP per capita above 90% of the member states’ average.
The ministry of investments and regional development is arguing that almost 30% of Slovak GDP is created in Bratislava, while other regions are also benefiting from it greatly.