Slovenia makes slow but steady progress in cohesion funds absorption
The Ministry of Cohesion and Regional Development monitors the implementation of Cohesion Policy projects and submits progress reports to the government. In September, the ministry drew up amendments to Slovenia’s EU Cohesion Policy Programme which received green light from the government. Driven by the need to optimise the use of available EU funds through the reallocation of funds to strategic areas with highest development potential, the adjusted cohesion programme allows for alignment with new development and strategic priorities of the EU and accommodates Slovenia’s own needs.
The new priority areas under the reformed cohesion legislation, adopted in September, include competitiveness, decarbonisation and energy security, defence and security, affordable housing, water resilience and water supply. The changes also usher in greater financial and administrative flexibility. Slovenia is planning to reallocate 241 million euros to support the achievement of its objectives in new and enhanced areas.