CzechRep signs nine operational programmes with EC
Czech ministers and representatives of the European Commission today signed nine operational programmes enabling the Czech Republic to draw EUR14bn (around Kc365bn) from EU funds in the years to come.
The amount makes up around half of the sum the Czech Republic can draw from EU funds in 2007-2013. The operational programmes include the Transport programme, the Enterprise and Innovation programme, and seven regional programmes.
Regions will receive around Kc125bn from operational programmes, while companies will get roughly Kc100bn from the Enterprise and Innovation programme. The biggest amount of up to Kc150bn will go into transport.
The Transport programme is the biggest operational programme and represents up to 22 percent of resources the Czech Republic can draw from EU funds in the coming years. The government wants to use the money above all to finance development of the motorways and railway tracks network.
The EC should approve four other operational programmes by end-2007 for the Czech Republic that include operational programmes Integrated, Environment, Technical Assistance and Prague Competitiveness. The Czech Republic should receive around Kc182bn from these programmes.
The Czech Republic is among the least successful countries among new EU members as regards drawing money from EU funds, alongside Cyprus and Latvia.
By the end of this year, the country should draw only around half of the amount allocated for 2004-2006 worth Kc40bn, data from the Local Development Ministry have shown.
The Czech Republic can receive around Kc700bn from EU funds in 2007-2013.
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