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

Biden pays tribute to India’s ex-PM Manmohan Singh

Presiden Biden emphasised that “the unprecedented level of cooperation between the United States and India today would not have been possible without the Prime Minister’s strategic vision and political courage.” US President

OpenAI’s o3 reasoning model ignites AI hype

Social media influencers have kicked off a fierce debate over OpenAI’s new o3 reasoning model, with some of them raising concerns about its high cost and the potential for overhyping its artificial

Protests at Parliament gates banned 

The Speaker’s office stressed that the move is aimed at safeguarding the sanctity of Parliament and ensuring that its proceedings are not disrupted…reports Asian Lite News In a decisive move aimed at

UN Chief Calls Out Israel on Syria

Guterres underscored that Israel and Syria must uphold the terms of the 1974 Disengagement of Forces Agreement, which remains fully in force…reports Asian Lite News UN Secretary-General Antonio Guterres has urged Israel
Go toTop

Don't Miss

3 dead as trains crash near Czech-German border

The Czech Republic’s railway inspectorate has launched an investigation into

Krystyna Pyszkova of Czech Republic Crowned 71st Miss World

India, meanwhile lost out on the title after Miss India