European Commission Approves €1.2 Billion Recovery Plan Payment to Slovakia
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The European Commission has approved the sixth and seventh payments to Slovakia from the European Union's post-pandemic recovery plan, totaling €1.2 billion. The payments had been previously delayed but have now been cleared for disbursement to the country. Slovakia's recovery plan is part of the EU's broader NextGenerationEU program, which was established to help member states rebuild their economies following the COVID-19 pandemic through targeted investments in digitalization, green transition, and economic resilience.