CZK 15 billion of EU money will arrive this year

The Czech Republic will receive about CZK 15 billion from European Union funds by the end of the year, Czech Regional Development Minister Jiri Cunek told the daily Pravo. This is 2 percent of the total amount allotted to the Czech Republic by the EU for the period between 2007 and 2013. There has been some disappointment recently about the failure to receive all the European funding granted to the Czech Republic for the period of the previous three years.