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Monday, August 15, 2022

Regions confirm draft agreement to draw EUR 4.5bn by 2027

By: J.S., STA

The relevant bodies of Slovenia’s two cohesion regions last week endorsed a draft agreement that would allow them to tap on EUR 4.5 billion in cohesion funds in the 2021-2027 period, as part of which the EU is to contribute EUR 3.2 billion.

The agreement on partnership with the European Commission is one of two strategic documents needed to implement cohesion policy. Slovenia needs to submit it to the Commission as soon as possible or else it risks losing almost EUR 500 million in EU funds. The other document is operative programme for implementation of European cohesion policy in 2021-2027, which is still being drawn up.

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