The Czech Republic failed to effectively take advantage of opportunities to
pump European funds last year, according to the Minister for Regional
Development Karla Šlechtová. The minister described last year’s results
as poor, adding that part of the problem was with fund management bodies
and also the fact that firms and individuals preferred to turn to national
funds rather than EU cash because the procedures were simpler. Last year
agreements covering around 10 billion crowns were signed with 14.2 percent
of the maximum total for the 2014-2020 of 648 billion crowns now claimed.
This year, the minister said around five times more EU cash, or around 53
billion crowns, should be claimed.