Additional fund to the Czech Republic, Poland and Slovakia

Poland, The Czech Republic and Slovakia will share extra EUR 1 billion from Structural Funds in 2011-2013. Poland will receive an extra EUR 633 million, the Czech Republic EUR 237 million and Slovakia EUR 138 million in structural funds. The top-up is a direct consequence of stronger economic growth than forecast in these countries. The Interinstitutional Agreement on the 2007-2013 financial framework between Parliament, Council and Commission foresaw automatic adjustments for countries whose GDP had varied by more than 5% cumulatively over 2007-2009 compared to the forecasts when drawing up the framework. Economic growth in Poland during this period reached 10.8% more than expected in the EC prognosis. Slovakia and the Czech Republic experienced respectively a growth higher by 10.8 % and 7.5% than expected. (Excerpt from the European Commission’s communiqué from April 19th, 2010.)