EU funding for Czechs set to bounce
- From: Vol 8, Issue 3 (March 2007)
- Category: General
- Region: Europe
Czech municipalities desperately need funding to meet the EU sewerage provision deadline. A conflict over private water contracts is threatening the release of funds.
The Czech Republic could miss out on CZK6 billion (€213 million) in funding for water and sewerage projects because the European Commission objects to contracts signed with private companies for water and sewerage provision in the country.
“The Commission’s analysis shows that the contractual agreements with the private operators are unbalanced in terms of duration, tariff setting and performance ...
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