EU funds recipients secure over 50 pct of funds earmarked for Czech Republic

Czech recipients of EU subsidies have secured some 425 billion crowns which represents over 53 percent of the funds earmarked for the Czech Republic in the period between 2007 and 2013, the Czech Regional Development Ministry said on Friday. Czech authorities have approved EU funding for more than 41,000 projects worth around 666 billion crowns; if passed by the European Commission, the Czech Republic will receive some 83 percent of the earmarked funds.

Author: Jan Richter