SLOVAKIAUPDATED | 11| 2014

2014 | 2020EU BUDGETS

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Global Europe

Administration

Compensation

Security & Citizenship

€ 199.828

€ 959.988in current prices: € 1.082.555

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The five European Structural and Investment Funds;

| The European Regional Development Fund

| The European Social Fund

| The Cohesion Fund

| The European Maritime and Fisheries Fund

| The European Agricultural Fund for Rural Development

ESI FUNDSTHE 5

| EU Member States are required to draw up and implement

strategic plans with investment priorities covering the five ESI

Funds.

| These Partnership Agreements (PAs) are negotiated between the

European Commission and national authorities, following their

consultation of various levels of governance, representatives from

interest groups, civil society and local

and regional representatives.

AGREEMENTSPARTNERSHIP

88.48% of the population of the Slovak Republic living in the

regions of Stredné Slovensko, Východné Slovensko and Západné

Slovensko will continue to be eligible for regional investment aid at

maximum aid intensities varying between 25% and 35% of the

eligible costs of the relevant investment projects.

| As compared with the Slovak regional aid map currently in force, the aid

intensities will be 15% lower in the new map, in line with the new regional

aid guidelines.

AID PERCENTAGESMAXIMUM

| The region of Bratislava, where 11.52% of the Slovak population lives,

has a GDP per capita exceeding 100% of the EU average and will thus not

be eligible for regional aid between 1 July 2014 and 31 December 2020.

| This does not alter the current situation, since this region ceased to be

eligible for aid under the current map in 2009 after a transitional period

where aid was allowed with a 10% intensity.

AID PERCENTAGESMAXIMUM

CU

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STotal number

of OP s submitted

per country

Countries have

their OP s

adopted:21 OP >Denmark

1 OP >Lithuania

| Partnership Agreement Adopted 20 – 07 – 2014

| 7 Operational Programme’s submitted

| Adoption of OP’s by European commission in Q4 2014

| Exp.1st grant calls Q1 2015 for funding priorities related to OP’s

OPs should be submitted by Member States within 3 months following the

submission of the Partnership Agreement.

The Commission makes observations within 3 months and adopts the OP

no later than 6 months from the date of its submission.

PLANNING

The PA focus on the following priorities:

|• Promoting innovation friendly business environment by enhancing the

competitiveness of SMEs, improving innovation and research performance

and developing an e-economy,

•

| Developing infrastructure for economic growth and employment, in

particular key transport networks and sustainable urban transport,

PRIORITIESFUNDING

|• Developing human capital growth and improved labour market participation by reinforcing all levels of education, increasing access to employment of the most vulnerable groups in society and promoting social inclusion of Roma communities

|• Encouraging sustainability through energy efficiency and low carbon economy, protection of the environment and adaptation to climate change

|• Building a modern and professional public administration by means of a thorough reform aimed at improving governance, tackling corruption and ensuring efficiency and impartiality of the judiciary.

PRIORITIESFUNDING

|• Developing human capital growth and improved labour market

participation by reinforcing all levels of education, increasing access to

employment of the most vulnerable groups in society and promoting social

inclusion of Roma communities

|• Encouraging sustainability through energy efficiency and low carbon

economy, protection of the environment and adaptation to climate change

|• Building a modern and professional public administration by means of a

thorough reform aimed at improving governance, tackling corruption and

ensuring efficiency and impartiality of the judiciary.

RESULTSEXPECTED

In 2014-2020 Slovakia is allocated around €14 billion for Cohesion Policy (ERDF, ESF, Cohesion Fund) including €72.2 million for the Youth Employment Initiative and €223.4 million for territorial cooperation.

| Additional €1.5 billion will be devoted to development of the agricultural sector and rural areas from the European Agricultural Fund for Rural Development (EAFRD).

| The allocation for European Maritime and Fisheries Fund(EMFF) amounts to some €15.8 million.

ALLOCATIONSFINANCIAL

Cohesion policy will be delivered by 7 operational programmes

(OPs), so 4 less compared to 2007-13 period:

|• 3 national OPs co-financed by ERDF (OP Research and Innovation,

Integrated Regional OP, OP Technical Assistance)

•| 2 national OPs co-financed by ERDF and CF (OP Integrated

infrastructure, OP Quality of Environment);

•| 1 national OP co-financed by ESF and ERDF (OP Human Resources);

•| 1 national OP co-financed by ESF (OP Effective Public Administration)

Moreover there is 1 Rural Development Programme

(EAFRD) and 1 Fisheries programme (EMFF).

ARCHITECTUREPROGRAMME

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THEMATIC OBJECTIVE& BY FUNDALLOCATION BROKEN DOWN BY

ALLOCATION TO PROGRAMMES