Eastern Slovak Regions Secure Access to EastInvest Development Fund
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The Prešov and Košice self-governing regions have gained access to the EastInvest fund, a development scheme aimed at boosting economic growth in Slovakia's eastern territories. Regional officials view the fund as a significant opportunity to address longstanding economic disparities between eastern and western Slovakia. The development comes as regional leaders push for greater administrative powers to better manage local development initiatives and attract investment to areas that have historically lagged behind the capital and western regions in economic development.