September 27, 2023
1 min read

EC president approves Czech national recovery plan

The updated plan, which the Czech government prepared in the summer, provides an additional 2.2 billion euros to support clean energy and industry transformation in the country…reports Asian Lite News

The European Union (EU) has approved a revised version of a €9.2 billion ($9.72 billion) National Recovery Plan proposed by the Czech Republic.

European Commission President Ursula von der Leyen made the announcement here Tuesday, after a meeting with Czech Prime Minister Petr Fiala.

The updated plan, which the Czech government prepared in the summer, provides an additional 2.2 billion euros to support clean energy and industry transformation in the country. Another 736 million euros will be allocated to investments in renewable energy sources, clean transport and power distribution networks.

The two leaders also discussed the current migration situation in the EU. Fiala said his country is ready to contribute to the protection of the EU’s external borders, and it is essential to reduce the number of economic refugees.

“Our goal must be that these people do not go to Europe at all, so that they do not support smugglers and traffickers in human misery,” he said.

He also underlined that the Czech Republic rejects any form of mandatory redistribution of illegal migrants within the EU, calling the practice “inhumane and dysfunctional.”

Before their talks, Fiala and von der Leyen opened the Green Deal Summit conference in Prague. Von der Leyen said that the Green Deal, a roadmap for making the EU’s economy sustainable, has delivered in terms of greenhouse gas emissions and economic growth. However, Fiala said he believes the deal has not directed the EU towards “significant progress” in innovation and economic transformation.

Before the opening of the conference, a group of environmental activists protested in front of the building where the meeting was held, against the participation of certain Czech companies that they do not consider as ecological ones.

ALSO READ: Modi’s Greece Visit Aligns With India’s Maritime Strategy

Previous Story

Greece to receive €55 bn from EU funds for economic recovery

Next Story

Norway to provide $32 mn for Red Cross work in Ukraine

Latest from -Top News

US sanctions more ICC judges

Washington hits at The Hague with fresh sanctions on four ICC judges and prosecutors, including French and Canadian officials, over probes targeting Israel and US actions abroad….reports Asian Lite News The United

UAE Wows Osaka!

The UAE Pavilion at Expo 2025 Osaka celebrates its three millionth visitor, blending culture, innovation, and hospitality in an immersive showcase of heritage, sustainability, and forward-looking global vision….reports Asian Lite News The

MBS & Sisi talk ties, Palestine

The two leaders reviewed the historic and strategic relations between Riyadh and Cairo and explored new ways to bolster cooperation…reports Asian Lite News Saudi Crown Prince and Prime Minister HRH Mohammed bin
Go toTop

Don't Miss

UAE, Czech FMs discuss economic, investment ties

The two minister reviewed avenues of developing the UAE-Czech cooperation

Czech FM arrives in India for 3-day visit

A Ministry of External Affairs (MEA) release said that Lipavsky