(ČIA) The City of Prague will redirect more than CZK 500m from OP Prague - Growth Pole to the Prague version of the bailout program, Covid PRAHA. The money will be used to help small and medium-sized enterprises. The city of Prague will cooperate on the bailout program with the Czech-Moravian Guarantee and Development Bank. Jiří Pospíšil, chairman of the United Forces for Prague, added that the city has asked the Ministry of Industry and Trade for a guarantee of state funding if the European Commission does not approve the transfer of funds in the future.