Visegrad states seek EU fund flexibility to cushion industry from energy price pressure

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Hanna Syniavska

21 hours ago

Visegrad states seek EU fund flexibility to cushion industry from energy price pressure — Visegrad seeks EU energy aid

Central European governments are pushing for more flexibility in European Union funding as elevated energy costs add strain to public finances and industrial competitiveness. Slovakia, the Czech Republic, Hungary and Poland are seeking temporary exemptions that would let them redirect some EU resources to support companies facing higher power costs.

Highlights

Slovakia, the Czech Republic, Hungary, and Poland requested a temporary EU exemption to use cohesion or modernisation funds to support industry amid high energy prices.
The Visegrad group's proposal aims to enable additional industrial aid without increasing long-term pressure on national budgets already strained by rising deficits.
Central European countries seek EU funding flexibility as ongoing conflicts in the Middle East and Ukraine sustain elevated energy costs affecting fiscal stability.

Regional request targets cohesion and modernisation funds

As reported by Reuters, Slovak Economy Minister Denisa Sakova said on Monday that Slovakia, the Czech Republic, Hungary and Poland have submitted a request for a temporary exemption to use some European Union funds to help industry manage high energy prices.

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