- Economy is providing resources for English speaking Business Professionals living in, visiting, or interested in Prague and Czech Republic. Browse our latest Economy articles, if you have interesting content to share with our users, please feel free to contact us anytime to discuss with us possible publication on!

MŽP: Non-exhaustion of European funds prevented

The Ministry of the Environment (MŽP) has succeeded in deleting the originally planned loss of CZK 18bn resulting from not exhausting the European funds for ecology. In this connection, Minister Richard Brabec said that the Ministry would not return one koruna to Brussels in 2014 and 2015. According to the Minister, thanks to Ministry’s acceleration measures, 6,477 decisions on EU subsidy provision worth CZK 41bn have been issued in 2014.