- 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!

MF to cut expenditure on eco-tenders by CZK 25bn

The Ministry of Finance (MF) has halved its expenditure on the resolution of environmental damages established before privatisation. Thanks to twelve terminated environmental contracts and new transparent procurement rules, the ministry saved more than CZK 1bn compared to the original bid prices. Minister of Finance Andrej Babiš (ANO) expects that with these results, all environmental commitments of the state will be implemented for a price that will be by at least CZK 25bn lower compared to the so-called eco-tender.


Sign up for Prague’s hottest newsletters to stay up to date and know what’s going on in town! Prague Daily Monitor: Prague’s # 1 source for Czech news in English… delivered straight to your inbox daily. Sign up for free nowPrague.TV – Living Like a Local: 2x a week, our newsletter keeps you up to date with the HOTTEST and BEST news for Prague's Expats and English Language community. Exclusive price draws & Special partner offers for registered members. Sign up for free now!


Exchange rates
Upcoming Events