Slovakia’s National Recovery and Resilience Plan: Latest state of play

Summary:

On 6 July 2021, the Council approved Slovakia's National Recovery and Resilience Plan (NRRP, Plán obnovy) and allocated €6 328.6 million in grants for its implementation. The allocation covers almost entirely the total cost of the plan, which stands at €6 575 million. In June 2022, Slovakia's grant allocation was revised downwards to €6 007.3 million ( 5.1 %). However, thanks to the February 2023 agreement enabling Member States to add REPowerEU chapters to their plans, Slovakia's envelope will be replenished by €367 million in grants to be spent on energy measures. In addition to grants, until 31 August 2023, Slovakia can request up to €6 300 million in loans from its envelope available under the Recovery and Resilience Facility (RRF). While the initial, approved allocation represents only 0.9 % of the total RRF, it stood at 6.7 % of the country's gross domestic product (GDP) in 2019 (the RRF being 5.2 % of EU-27 GDP in 2019). Slovakia, which is among the 10 Member States with the highest RRF allocation per capita (€1 145), has so far received €1 930 million in the form of pre-financing and two payments for grants. This represents 30.5 % of the RRF resources initially allocated. Remaining payments – eight instalments – depend on progress in implementing the plan, including reforms. Slovakia's NRRP includes 58 reforms and 58 investments, designed to tackle both the pandemic's socio-economic consequences and the long-term challenges identified by the Slovak national integrated reform plan, Modern and successful Slovakia. The NRRP measures are organised around five strategic priorities: green economy; education; science, research, innovation; health; and efficient public administration and digitalisation. The plan is strongly focused on the green transition and digital transformation; these targets total 43.2 % and 21.0 %, respectively. The European Parliament participates in interinstitutional forums for cooperation and discussion on RRF implementation, and scrutinises the European Commission's work. This briefing is one in a series covering all EU Member States. Second edition. The 'NGEU delivery' briefings are updated at key stages throughout the lifecycle of the plans.

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