Czech recipients of EU subsidies obtain 52 percent of funds earmarked for 2007-2013

Czech recipients of EU funds received nearly 403 billion crowns, or 52 percent of subsidies earmarked for Czech Republic for the period of 2007 – 2013, according to a report by the Ministry of Regional Development released on Friday. The total amount of EU funds allocated for the Czech Republic for the seven year period reached nearly 785 billion; however, the Czech authorities have registered over 92,000 individual applications for EU subsidies totalling over 1.34 trillion crowns.