Press: Czech Republic to lose one billion euros in EU subsidies

13-09-2012

The European Commission has refused to pay around one billion euros into four Czech operational programmes over errors in their administration, the news website aktualne.cz reported on Thursday. The subsidies have been cut for the Transport, Environment, Enterprise and Innovation programmes as well as for the Regional Operational Program South-West. The programmes will have to be subsidized from the state budget and the budget of two regional authorities. Government officials have refused to comment on the matter. The website reported that funding might also be cut for other Czech operational programmes.