European Commission approves Czech Republic's 7-bln-euro recovery plan
The European Commission on Monday approved the Czech Republic's seven-billion-euro (8.3 billion U.S. dollars) National Recovery Plan, which will help the country exit from the COVID-19 pandemic and move towards a greener and more digital economy, Trend reports citing Xinhua.
According to the Commission, the Czech Republic will spend 42 percent of this money on reaching its climate-neutrality goals, which include investments in renewable energy and modernizing infrastructure.
Another 22 percent would go toward digitization, i.e. investments in digital infrastructure in public administration in the fields of health care, criminal justice and construction.
"It will improve citizens' communication with the authorities, provide electronic healthcare, quality and safe rail travel, support for digital skills in schools or the modernization of social services," Czech Prime Minister Andrej Babis said about the plan after his meeting with visiting Commission President Ursula von der Leyen here.
The Commission reiterated that the Czech Republic must comply with the proper legal criteria - including the conflict of interest rules -- in order to receive the full amount of money.
This follows an audit published this year by the Commission, which found Prime Minister Babis in conflict of interest with his business conglomerate Agrofert that was put into a trust fund while he serves in public office.
According to the findings of the audit, Babis still maintains effective control over Agrofert. Babis denies the allegations, arguing that he complies with domestic laws on the matter.