Economy

Slovakia to Contribute €2 mn to New Slovak Inclusive Growth Account

Bratislava, December 8 (TASR) – Finance Minister Peter Kazimir (Smer-SD) and Council of Europe Development Bank (CEB) Governor Rolf Wenzel signed an agreement on setting up a Slovak Inclusive Growth Account (SIGA) in Paris on Wednesday (December 7), TASR learnt from the Finance Ministry on Thursday.

Slovakia will contribute €2 million towards the account.

SIGA is the first bilateral fund between Slovakia and the CEB as well as the first bilateral fund within EU-member states that joined the Union in 2004. Kazimir stressed the bank’s key role in strengthening social cohesion in Europe and confirmed Slovakia’s commitment to supporting inclusive economic growth.

The newly established account is aimed at financing technical assistance and activities related to project preparation in the field of economic and social transformation, such as feasibility studies, assessments of environmental and social impacts, business plans and consultancy services.

According to Kazimir, SIGA offers scope for Slovakia to become more visible as a donor country in international circles as well as for Slovak firms and consultants to participate in the CEB’s international tenders.

Slovakia has been a CEB member since 1998. Since 2012, the bank has approved investments in Slovakia totalling more than €900 million mainly in the sectors of modernising urban and rural areas, creating and preserving jobs and environmental protection, social housing and education.

SPPK: If Farmers Aren't Taken Seriously, They Will Be Seen in Streets More Often

If farmers' demands are not taken seriously, they will be seen in the streets more often, Slovak Agriculture and Food Chamber chairman Emil Macho told a news conference held in front of the Parliament's building on Thursday.

President Appoints Dusan Keketi as Tourism and Sport Minister

President Zuzana Caputova appointed Dusan Keketi as Tourism and Sport Minister on Friday.

Fico: Government to Deal with New Military Hospital in Presov on Wednesday

The government should deal with the issue of construction of a new military hospital in Presov at its session on Wednesday (April 17), Premier Robert Fico (Smer-SD) told a news conference following an inspection day at the Health Ministry on Monday.

Read next