Grant Financing in Transport Sector in Slovakia

The transport sector contributes 14% to the creation of the gross domestic product of the Slovak Republic. The paper examines the issue of funding sources for its further development in the context of new social and technological challenges. Using the method of historical and content analysis of data, it finds answers to research questions and generalization of knowledge that can be used in practice. Grant financing in transport sector in Slovakia is almost totally European Union (EU) dependent. During three programming periods generous EU allocations supported transport enormously. However, this situation is not sustainable in the long run. It is time now to look for alternatives.