Czechs may lose over 1 billion crowns in EU funding

21-10-2013

The Czech Republic may lose at least 1.1 billion crowns from EU structural funds, because of the failure of the Labor and Social Affairs Ministry to use up the money allocated to the Human Resources and Employment program. The outgoing Labor Minister František Koníček told journalists on Monday that part of the undrawn funds could be used by the Interior Ministry. Some of the problems with drawing EU funds developed as a result of some of the projects, such as for example the social benefits S-Card project, having been stopped or changed.