Evaluations
Date: 07 oct 2016
Period: 2007-2013
Theme: Evaluation, Structural Funds management and Governance
Languages: en
Although the adverse effects were less intense than in some other EU countries, the global economic crisis caused a slowdown in Slovakian economic growth over the 2007–2013 period. This led to the employment rate declining by around 2 percentage points and the unemployment rate rising to 14% in 2013. Nonetheless, unlike most other EU Member States, Slovakia did not experience a double-dip recession and the rate of growth was above the EU average in most years.
Regional disparities between the capital city region of Bratislava and the rest of the country are pronounced but, in terms of GDP per head and employment rates, they remained broadly unchanged over the 2007-2013 period.
In total, the ERDF and the Cohesion Fund support amounted to EUR 10 billion over the period, equivalent to around 2% of GDP and around 52% of Government capital expenditure. Funding allocated to the three Convergence regions was more than 5 times higher per head than that to the Competitiveness region of Bratislava.