The EU Allocates Above Three Billion Euros of Targeted Funds to Slovenia

As part of the cohesion policy, the European Union allocated 3,312 billion euros of targeted funds to Slovenia. The major part of the funds is designed to improve living standards, economic growth and creation of new jobs. The amount allocated for the 2014–2020 period has already enabled to support more than 300 projects, programmes and public tenders for a total cost of 1.8 billion euros.

These funds are used for the following purposes:

  1. Optimization of research, technological development and innovation.
  2. Improvement of access to modern information and communication technologies, as well as increasing their use.
  3. Improvement of the competitiveness of small and medium-sized businesses, agricultural sector, fisheries and development of water management.
  4. Supporting the transition to a low-carbon economy (in all sectors).
  5. Stimulating adaptation to climate change as well as risk prevention.
  6. Protecting the environment and supporting the rational use of raw material sources.
  7. Stimulation of sustainable development of the transport system and solution of the key infrastructure tasks.
  8. Stimulation of employment and labour mobility.
  9. Stimulation of active social policies and combat with poverty.
  10. Financial support to various forms of education.
  11. Improvement of institutional capacities and organization of effective public administration.

The EU funds make it possible to plan and implement large-scale infrastructural projects, conduct seminars, exhibitions, contests, tenders and other activities in all regions of the country.

Source: siol.net