'Frankly speaking, there is a risk that Slovakia will not be able to absorb some of the funds in the current programming period (...) For this purpose all possible efforts should be made to avoid losses this year. Commission and Slovak experts are together analysing all possible solutions to improve the absorption of funds and speed up the implementation of cohesion policy programmes. And together we decided to give a very clear mandate to our experts on the European Commission and on the Slovak side, to work for that purpose. So we want to increase the absorption capacity so that these structural funds money is properly used for growth in Slovakia' said Jose Manuel Barroso, President of the European Commission, following his meeting with Robert Fico, Prime Minister of Slovakia.
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