EU funding frozen

The European Commission has stopped around 100 billion crowns in funding reaching the Czech Republic because of worries about the way two programmes have been managed, the daily Dnes reported on Monday. One of the programmes is a nationwide initiative to help companies introduce new innovations. The second, is focused on the Central Bohemian region and persistent worries about corruption and flawed management that have not been cleared up since payment of funds was frozen in mid 2012, the paper said.