The Senate discussed the Green Paper of the European Union on Long-term Financing Strategy of European Economies. The Strategy stipulates the need of the European Union to provide financial means for sustainable economic investments. The EU emphasizes investments in green technologies, innovation and development, and infrastructural constructions. The EU also raises the question of alternative sources of project financing that would substitute the current system of investments funds and commercial banks. One of the most important stresses is the long-term and planned character of financial means provided.
For further information on the Green Paper, click here (in Czech).
The Senate passed the resolution stating that it accepted the Green Paper. The Senate also stated that the investments provisions are the crucial measure to boost the economic growth. The Senate therefore welcomes any attempts of the EU to stabilize the bank sector across the EU.
For further information on the Senate’s discussion, click here.
5th March 2019