Finance Ministry decides not to reserve money for unfunded projects

The Finance Ministry is not planning to reserve money in the state budget, for emergency cases when an already completed project is not covered by the EU, mainly for the reasons of having violated EU rules and regulations. According to Finance Ministry spokesperson, Eva Novakova, the ministry's decision was made to force individual Czech ministries into processing and approving only the best projects that will guarantee EU funding. Should a project fail to get EU support, it will be up to the ministry responsible to cover the costs involved.