Slovak govt redirects EU funds to create jobs for youth

The government at its session on Wednesday approved the re-allocation of EU funding from a number of EU operational programmes to initiatives aimed at boosting the employment of young people, TASR learnt. Assent from the European Commission is now required. "We want to put together 270 million euros from several operational programmes," said the premier. "The funds will be split into two operational programmes, namely Competitiveness and Economic Growth and Employment and Social Inclusion."