PragueConnect.cz - Economy

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Latest figures: 40.8% really drawn from EU funds

As of the beginning of December, Czech applicants for European subsidies received CZK 498bn, i.e. 61.6 percent of total allocation for 2007-2013. However, the Ministry of Finance has asked Brussels for CZK 330bn so far, i.e. 40.8 percent of the total amount. Czech authorities have already decided on allocating 90 percent of the reserved financial amount for subsidies.

Source: www.govdaily.cz/en/ 

 
 
 
 

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