Prague fails to secure billion-crown EU subsidy for water treatment plant

26-01-2012

Prague will not be able to secure a billion-crown EU subsidy for the reconstruction of a water treatment plant, a city councilor announced Thursday. Prague was hoping to finance the 11 billion crown reconstruction of the plant with about 5.9 billion crowns from the EU’s Operational Program “Environment”. Officials from the European Commission discussed the Czech effort to win the subsidy with officials from the country’s Environment Ministry and Prague’s city council on Thursday. According to the European Commission, the Czech capital cannot be considered for the subsidy since the validity period of a contract Prague previously signed with a water management company is too long. The Czech capital has been trying to win the subsidy for ten years. Mayor Bohuslav Svoboda commented on the failure to secure the subsidy, stating it confirmed the city council’s fears and that a new solution needed to be devised.