Nečas pledges to fight reduction in cohesion fund at EU budget summit

22-11-2012

Speaking in Brussels just ahead of a key summit on the EU’s next seven-year budget, the Czech prime minister, Petr Nečas, said he would fight a proposed cut in the bloc’s cohesion fund; the Czech Republic has had EUR 26.7 billion at its disposal between 2007 and 2013, with the money available to all regions except Prague. Mr. Nečas said plans to reduce that sum to EUR 19.5 billion between 2014 and 2020 were unacceptable. He said the Czech Republic, unlike a number of states, was not threatening a veto, but, he added, neither would it approve any plan whatsoever.