Czech government to review bill aimed at streamlining privatization of state-owned assets

The Czech government will review a bill designed to simplify and accelerate the privatization of assets from state-owned companies. The proposed legislation allows the use of multiple legal frameworks for privatization, aiming to make the process more efficient and reduce administrative burdens. It also revises rental and lease regulations for agricultural land and introduces monitoring responsibilities for soil erosion under the State Land Office. The Ministry of Agriculture supports the bill, though the Ministries of Regional Development and Finance have raised concerns, particularly about prioritizing environmentally friendly farming practices.

Author: Vít Pohanka