Czech Republic receives further 81 million Euros from EU

The Czech Republic has received another 81 million Euros (2.4 billion Czech crowns) from the EU's Phare and ISPA programmes. The money is to help the country prepare for its accession to the European Union. The financial memorandum to the programme was signed in Prague by the head of the EC delegation in the Czech Republic Ramiro Cibrian and Czech Deputy Finance Minister Zdenek Hruby on Friday. According to Mr Cibrian, much of the money from the Phare programme is to be used in problem areas named in the EU's last evaluation report, while the funds from the ISPA programme are to help improve the country's sewage system. The programme, made up of 26 different projects, will also create better education and unemployment opportunities for the Roma community, improve the Czech justice system, and fight against money laundering.

Author: Dita Asiedu