Czech Republic gets 1st payment from EU COVID recovery fund

EU

The European Commission Tuesday sent the Czech Republic its first payment from a special fund aimed at helping the continent's economies recover from the coronavirus crisis.

According to a report by Czech Radio, more than CZK 23.2 billion (EUR 909.9 million) is flowing from Brussels to Prague, the EU institution said on its website.

The Czech Republic will receive a total of CZK 180 billion in the coming years.

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