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CR has sent national recovery plan to EC

(ČIA) The European Commission has received an official recovery and resilience plan from the Czech Republic. It sets out reforms and public investment projects that the Czech Republic intends to implement with the support of the European Recovery and Resilience Facility (RRF). It is designed to revive the EU economy after the pandemic. The Czech Republic applied for grants worth a total of EUR 7.1bn. Resources should be invested in six pillars: digital transformation, green transformation and physical infrastructure, education and the labor market, research and innovation, and public administration and health. The projects in the plan cover the entire life of the RRF until 2026. The Commission will assess the Czech plan in the next two months. The RRF will provide up to EUR 672.5bn: EUR 312.5bn in grants and EUR 360bn in loans. The EC has so far received 23 national plans.

 

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