EU Commission Approves Czech Recovery Plan Of 7 Bln Euros, Sets Conditions

EU Commission Approves Czech Recovery Plan Of 7 Bln Euros, Sets Conditions

The European Commission approved on Wednesday the Czech Republic’s 7 billion euro plan to recover from the pandemic and transform the economy to become greener and more digitalised. The scheme will be financed from EU grants until 2026. Once the plan is also approved by EU finance ministers, Czechia will get 910 million euros in pre-financing for projects foreseen under the plan.

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