Prague: COVID Prague programme in accordance with law

(ČIA) The Czech Ministry of the Interior and the Czech Ministry for Regional Development have confirmed that the City of Prague has not breached the act on Prague which restricts the city’s possibility to guarantee other entities’ liabilities by establishing the COVID Prague guarantee fund in collaboration with the Czech-Moravian Guarantee and Development Bank (ČMZRB). The city deposited CZK 600m to the COVID Prague programme from the Operational Programme Prague – Growth Pole of the Czech Republic. All applications from the programme should be reviewed by the end of June. This information was provided by the City of Prague.



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