Czech Republic failing to draw available EU funds

07-10-2013

The Czech Republic will fail to draw 30 to 70 billion crowns from EU funds in the 2007 to 2013 period. Prime Minister Jiří Rusnok said on Monday this was due to the somewhat complicated EU mechanism of fund drawing and the inability of many Czech public officials to present long-term projects and goals. The prime minister said he ascribed this failure to all post-2007 governments which had underestimated the task of drawing EU funds and closed their eyes to weaknesses in strategic planning.