Politics & Economics

Billions from Brussels: How EU Money is Powering Czechia’s Growth

Czechia has successfully launched the 2021-2027 European funding period, with 13% of the available funds already reimbursed—far exceeding the European average of 7.5%. By the end of 2024, more than half of the allocated funds had already been contractually secured. This means that beneficiaries—businesses, municipalities, and institutions—have committed to using these resources for specific projects aimed at economic growth, sustainability, and innovation. Environmental Protection EU funds have played a crucial role in reducing air pollution, improving water purification, and promoting energy efficiency, leading to a better quality of life for residents. Key achievements (2014–2020): The percentage of people living in areas with high air pollution dropped from 26.5% to just 1.4%. Annual energy consumption fell by 3.2 million GJ, equivalent to 3.5% of Czechia’s total heat consumption. Composting increased by 70%, preventing over 305,000 tons of waste from ending up in landfills. More than 88,800 households replaced solid fuel boilers with environmentally friendly alternatives. Modernizing Transport Infrastructure EU funds have helped expand and modernize roads, highways, and railways, making travel faster and safer across the country. Key achievements (2014–2020): 357 km of new roads and highways were constructed, while 1,500 km were reconstructed. One in four municipalities improved connections to...

by Prague Morning Mar 15, 2025

Czech Foreign Minister Responds to U.S. Suspension of Military Aid to Ukraine

Czech Foreign Minister Jan Lipavský has addressed reports from several reputable American media outlets indicating that U.S. President Donald Trump has ordered a suspension of all military supplies to Ukraine. While the White House has neither confirmed nor denied this information, the decision reportedly affects artillery shells, missiles, vehicles, and other equipment, including supplies agreed upon during former President Joe Biden’s tenure. In response, Minister Lipavský emphasized Europe’s responsibility in safeguarding its own security. He noted that President Trump’s commitment to ending foreign conflicts aligns with his campaign promises, suggesting that Europe’s defense against Russian imperialism now rests primarily on its own shoulders. “Our government has increased defense spending and will continue to do so to ensure the security of the Czech Republic,” Lipavský stated. “We will also persist in negotiations with our partners, including Ukraine, to achieve lasting peace in Europe.” This development has raised concerns among European leaders about the potential impact on Ukraine’s defense capabilities and the broader security landscape in Europe. The suspension of U.S. military aid underscores the necessity for European nations to bolster their defense strategies and collaborate more closely to maintain regional stability. Would you like us to write about your business? Find out...

by Prague Morning Mar 04, 2025
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