Slovakia’s National Recovery and Resilience Plan

Summary:

On 11 July 2023, the Council approved Slovakia's amended national recovery and resilience plan (NRRP, Plán obnovy) and allocated €6 408.5 million in grants for its implementation (Slovakia did not request loans). The allocation is €79.4 million higher than that initially approved (6 July 2021). The difference results from a 2022 update of the maximum financial contribution from the Recovery and Resilience Facility (RRF), which reflects changes in real gross domestic product (GDP) over time, and the inclusion of a REPowerEU chapter to reinforce the plan's energy dimension. While the allocation represents only 0.9 % of the total RRF, it stood at 6.8 % of the country's GDP in 2019 (the RRF being 5.2 % of EU-27 GDP in 2019). Slovakia's allocation per capita amounts to €1 179. So far, Slovakia has received €2 673.1 million in pre-financing, and three payments for grants based on milestones and targets achieved. This represents 41.7 % of the total allocation including REPowerEU and is the third best result in the payment ranking, after France and Italy. The request for the fourth instalment (worth €799 million, net of pre-financing), submitted to the Commission on 18 December 2023, is currently under examination.

According to the indicative calendar of payment requests under the plan, there should be nine requests in total, and the fifth should be submitted in the third quarter of 2024. Slovakia's modified NRRP includes 64 reforms and 64 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. NRRP measures are organised around six strategic priorities: green economy; education; science, research and innovation; health; efficient public administration and digitalisation; and energy (REPowerEU). The plan is strongly focused on the green transition and digital transformation, to which 45.7 % and 20.5 % of the resources are allocated respectively. The European Parliament participates in interinstitutional forums for cooperation and discussion on RRF implementation, and scrutinises the Commission's work. This briefing is one in a series covering all EU Member States. Third edition. The 'Monitoring EU recovery' briefings are updated at key stages throughout the lifecycle of the plans.

This briefing is part of the series Next Generation EU (NGEU) delivery - How are the Member States doing?

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