Czech national recovery plan on the way

Andrej Babis' with his government in the Czech Parliament in Prague, Czech Republic,11 July 2018. [EPA-EFE/MARTIN DIVISEK]

The national recovery plan will be submitted for the government to approve by the end of February, announced Czech Industry and Trade Minister Karel Havlicek. Read more.

For Czechia, the allocated amount is 182 billion Czech crowns (€7 billion) and the money could be available as of mid-2021. The Czech draft will be finalised with the European Commission at the end of January, Havlicek said.

The plan, which has to be submitted to the European Commission for the Czech Republic to access EU funding for coronavirus-struck economies, is being broadly discussed with professional unions and associations, the minister added. This was not the case in autumn when many stakeholders said they were not involved in the process.

However, the Confederation of Industry of the Czech Republic (SP CR) has pointed out that the plan still does not allocate enough funds for the digitisation of companies.

“Our main complaint regarding the lack of funds for digitisation of companies still stands. No one has solved it yet, the ministry agrees with us,” the deputy director-general of SP CR, Bohuslav Cizek, told EURACTIV.cz, adding that it remains unclear how the funds will be divided across the public and private sectors. (Ondřej Plevák | EURACTIV.cz)

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