SummaryExcerpt from an Interview with the VicePrime Minister of the Slovak Republic,Ľubomír Vážny■■ This February you met Mr Johannes Hahn,the Commissioner for Regional and MunicipalPolicies, in Brussels, and you discussedthe pressing issues of spending the EU fundsin Slovakia. The talks covered the conclusionsof the Council of Europe, held on 7 – 8 February2013. What have you agreed upon?The talks dealt with the EU fundsspending to the extent of operationalprogrammes classified as risky. Withthe aim to make the EU funds spendingfeasible, Mr Hahn accepted the crisismanagement from the part of the EC asthe accelerating mechanism introduced byus at the national level. The Commission isready to enable us to stick with completionof the EU funds spending designed for2013, free of alteration to regulations thatis a long lasting process.Further to this, the issue of preparingthe Partnership Agreement for the years2014 – 2020 had to be discussed. It isdeemed to be the fundamental documentfor forthcoming programmatic period. It isour wish to make the Euro-funds procedureattractive and allocable with ease to targetgroups where they are needed in Slovakia.The said document will comprise thoserequirements determined under the ECterms.■■ The problem with the EU funds spendinghas been raised since the beginning of theprogrammatic period. How to avoid such anoccurrence not to let it repeated twice?It is tough. The problem is that thefunds allocated from the then periods oftime and not spent so far are attachedto the next programmatic period. Thus,some of the managerial bodies willbe accomplishing the EU fundsspending from the current period oftime. To get it straight, everything hasto be done in order to make EU fundsan attractive tool, i.e., to convincethe end recipients, including thecommunities, using the newlyinnovatedprocedures that to spendthe EU funds can be met without extrared tapes performance and withoutthe endless maturity dates for invoicespayment. Notwithstanding, the endrecipients have to be also liable forcomplying with their obligations inthe event if a project fails. However,they will be able to be responsible forthe risks if the risks existing prior toit are even. Therefore, the odd paperwork and dual procedures have tobe reduced and removed in order toaccelerate the procedure of the fundsimplementation in its entirety.Foto: archívFoto: archívExcerpt from an Interview with theMinister of Transport, Construction andRegional Development of the SlovakRepublic, Ján Počiatek■■ Slovakia’s EU funds spending within theplanned period that is coming to its end canbe deemed to be less than insufficient, globallyspeaking. What can be said as a matterof the EU funds spending in relation to roadsconstruction?Both prior axes of the programmaticplan related to the Transport aimed atconstruction of roads and highways havebeen contracted to the extent of more thansixty per cent. Being committed to issuewe do our best to make the number better.The first results can be seen already.■■ How much EU funds is still left to be spentand complete the spending under the currentand forthcoming years?An amount more than 3.8 billion <strong>eur</strong>owas allocated globally to the extent ofthe operational programme related tothe Transport, and we are enthusiastic tospend maximum out of the funds available.At the present the contracts have beensigned for approximately sixty-five percent out of the amount of the funds. Bythe end of the year the entire OperationalProgramme related to the Transport shallbe contractually covered.■■ I cannot but ask you about the EU fundsdesigned for the years 2014 – 2020. Is the issueof the road infrastructure construction ofhelp to recover the pressing problem of theunemployment-rate?The infrastructural projects are of thehuge advantage as they are deemed to bethe anti-cyclic <strong>pol</strong>icy tool accepted andwidely-applied worldwide. Thus, underthe crisis era those are enabling to employpeople and give them a job, andconcurrently, they are producing afavourable potential for a country’sfuture economic growth. Youseem to be aware of a precisenumber how many openings willbe provided thanks to billions of<strong>eur</strong>o we wish to invest by the endof 2016. Unfortunately, we areunable to do so but we are sure tosay that the matter is thousandsof vacancies Slovakia-wide. TheInstitute of Finance Policy is alreadyfunctioning at the Finance Ministryto provide us with viable numbers.Excerpt from an Interview withthe State Secretary of the Ministryof Transport, Construction andRegional Development of theSlovak Republic, František Palko■■ Tourism Trade in Slovakia is reportingan increased demand for beauty spots tobe visited country-wide. It is not that easy tobecome a top destination enlisted.We are proud to say that Slovakia isrich in vast natural resources occurrence,and cultural and historical heritage; thus,Slovakia’s placement is getting better as itcan be seen in many prestigious tourismbusiness top charts. Slovakia was rated72 Časopis na prezentáciu Slovenska v Európskej únii
Summaryto place five in Top Countries 2013 Chart,made up by Lonely Planet, the renownedguide-book publisher world-wide. Theplace seven was won by the Winter Resortin Jasná (the Tatras Mountain) in the topwinter European destination chart, rated bythe Lonely Planet guide-book publisher. Inthe US TV-cable news network CNN rating,the City of Košice (Eastern Slovakia) turnedto be the third best tourist destination in2013. Slovakia is comparable to touristpotential of other countries and more oftento better-known centres of tourism. Wemay say that the Capital Cities in the CzechRepublic and Hungary are of dominantposition in tourism trade. Statistical dataare saying that both Prague and Budapestare visited by about sixty to seventy percent out of total number of tourists. Inneighbouring Austria the Alps are widelyvisited apart from Vienna.Brand-new strategy designed fordevelopment in tourism by 2020 thatis to be adopted by the Governmentof the Slovak Republic, is subjected tointroducing Slovakia in a competitive way.Notwithstanding, some of the purposes arealready under the implementation stage:the national quality system to be launched,a brand-new marketing strategy designed;the amendment to the law on tourism.Destination management is one of thetargets we are focused on to make it betterand updated to current needs of businessrunningentities in tourism. Jointly withthe Ministry of Education we are workingon how to train specialists in tourism andhow to make training better in order tomake tourism trade more competitive.■■ The current trend prevailing is that touristscome and see Slovakia just for one-day stays.Why do we witness such a phenomenon?Foto: archívObviously, the trend is to go in forshortened duration of stays; manyEuropean countries are facing the saidphenomenon. It would be unrealistic tohope we are an exception. Geographicallyspeaking we have to take the country’sposition into account. The number oftourists is getting augmented who wishto visit all V4 Group countries over theirholiday. And the trend is to spend oneday or two maximum in each V4 country.Therefore, we are highlighting Slovakia’sstrengths to the extent of V4 Groupcountries accordingly. Being part of V4Group countries promoted, Slovakia mayattract the interested parties of furthermarkets or those of far-away countries.Primarily the matter is the countries ofBrazil, Russia, India and China; furtherto this Argentina and Chile which areconsidered to be the lucrative markets forEurope in its entirety.Excerpt from an Interview with the StateSecretary of the Finance Ministry of theSlovak Republic, Peter Pellegrini■■ It is obvious that many countries are notable to reduce deficits in public funds ontothe level requested by the European Commissionthis year. Therefore, the exceptions arespoken about. What are Slovakia’s prospectsin making deficit lowered?It has to be emphasized that in thepast year already Slovakia succeeded toreduce deficit onto 4.35 percent of GDP,thanks to the measures taken by theGovernment with respect to the costs andexpenses at one side and revenues at theother side within the budgetary design. Incomparison with 2011 deficit was reducedby 0.7 per cent, and it can be classified asquite a unique phenomenon once it wasthe year when the Parliamentary electionstook place. The basic target of ours fromČasopis na prezentáciu Slovenska v Európskej úniiFoto: archívthe viewpoint of prospects is to reachlong-term sustainability of the publicfunds. Therefore, it is of utmost priorityto reduce deficit in public funds underthe three per cent of GDP, and we areplanning to do so this year. Both rules ofthe European Commission and Slovakia’sapplicable legislation are requesting those,in particular the constitutional law onbudgetary answerability. In compliancewith it the lowering of budgetary deficitsfor the next years was set up accordingly.Assumptions made for the next yearforesee to reduce the deficit onto 2.6 percent; in 2015 there is a presupposition toreduce the deficit onto two per cent, andin 2016 onto 1.3 per cent. It could / mightlead to subsequent discontinuation of debtincrease; and the assumptions are sayingthat from 2016 the public debt in Slovakiashould get lowered.■■ Are you comfortable with the opinions expressedby both foreign and Slovak expertssaying that fast pace in the public funds revitalizationis counter-heading the economicgrowth?Any consolidation of public funds is ofan impact on the economic growth fromthe short-term point of view. The key taskof utmost importance for Slovakia is to getout of the procedure of exceeded deficit atthe present, and we may reach the favourablestate by reducing the budgetary deficit underthe three per cent; currently we are obliged toset up a credible budget for the next year. TheFinance Ministry is responsible for solvingthe issue of the said consolidation; however,we have to search for optimal solutions of theleast impact on the economic growth, andconcurrently, we must not ignore the progrowth<strong>pol</strong>icies either.Research implemented by theInternational Monetary Fund last autumnis saying that under the current commonfiscal <strong>pol</strong>icy and in the time when manycountries are under the consolidationstage, the consolidation may have a moresignificant influence on the growth.Therefore, the countries, which arereaching the economic growth and theSlovak Republic is the case, should stickwith the consolidation at one side, butto take too radical steps in a year is notthe best solution in my opinion how torevitalize the public finance. It is better tohave a reliable mid-term plan designed tolower budgetary deficits and concurrentlyto take the development Europe-wide intoaccount respectively. English-written by © Mária Vrabcová73