The third payment, which is net of pre-financing, concerns 21 milestones and 6 targets. These cover a set of transformative reformsaimed at improving the legal framework for the promotion of renewables, boosting the green renovation of buildings, setting up an industry decarbonisation scheme and ensuring a more effective application of existing nature protection rules. The reforms also include the preparation of a strategy to guide the economy’s digital transition, the launch of new calls to enhance the cooperation between academic researchers and private companies, and the improvement of the accessibility and quality of the education system, including pre-primary schools. The payment request covers important investments to create new Digital Innovation Hubs and to ensure the greening of the national police force vehicle fleet, by providing them with electric and hybrid vehicles.
Slovakia’s overall plan will be financed by €6.4 billion in grants. Payments under the RRF are performance-based and contingent on Slovakia implementing the investments and reforms outlined in its recovery and resilience plan. The Commission will now assess the request and will then send its preliminary assessment of Slovakia’s fulfilment of the milestones and target required for this payment to the Council’s Economic and Financial Committee.
More information on the process of the payment requests under the RRF is available in this Q&A. More information on the Slovak recovery and resilience plan is available here.
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