2nd October 2023

The European Commission has approved an updated version of the Czech National Recovery Plan

The European Commission has approved an updated version of the Czech National Recovery Plan. European Commission President Ursula von der Leyen made the announcement after a meeting with Czech Prime Minister Petr Fiala at the Straka Academy on Tuesday 26 September 2023. At the working meeting, the Prime Minister and the head of the European Commission also discussed the notification of the completion of the Dukovany nuclear power plant, the situation around migration, as well as support for the Czechs in the EU institutions and the proposal for a new EURO 7 emission standard.

The National Recovery Plan brings EUR 2.2 billion (roughly CZK 53.6 billion) to support the clean economy and industrial transformation. The entire National Recovery Plan has a volume of EUR 9.2 billion (about CZK 224.2 billion). After meeting with Prime Minister Petr Fiala, the European Commission President said that the plan includes EUR 736 million (roughly CZK 17.8 billion) for investments in renewable energy, clean transport and the distribution network.

 

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Members of the American Chamber of Commerce in the Czech Republic