Czech regions to receive EU funds

Czech regions are to receive 150 billion crowns, or 8.3 billion US dollars, from the EU, the CTK news agency reported on Wednesday. The European Commission approved seven operational programmes for the Czech Republic through which the funds will be distributed among the regions within next six years. The contracts between the EU and the individual regions should be concluded on December 13. The regional operation programmes were approved after several months of reviews, and although the deadline for objections formally expires on Friday, no changes are expected.

Author: Jan Richter