EC paid EUR 915m in preliminary funding to CR

(ČIA) The European Commission (EC) paid the Czech Republic an advance payment of EUR 915m from the Recovery and Resilience Facility on September 28, 2021. This corresponds to 13% of its total financial allocation under the Facility. The pre-financing will help to kick-start the implementation of key investment and reform measures outlined in the Czech Republic's post-pandemic recovery and resilience plan. In total, the Czech Republic is to receive EUR 7bn from the Recovery and Resilience Facility. Further payments will be approved by the EC on the basis of the investments and reforms outlined in the Czech plan.



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