Czech National Recovery Plan:
A Missed Chance for Change?
The Czech Recovery and Resilience Plan (the so-called National Recovery Plan) can be a turning point for the sustainable development and modernisation of the Czech economy. How well is the government using this opportunity?
While COVID-19 has exposed systemic weaknesses in the economy, it has also revealed new opportunities and ways of thinking and working that will have a lasting impact. Through the Recovery and Resilience Facility, the EU is investing in “building back better” and more sustainably. The Czech government submitted its draft plan in October 2020 to access CZK 586,9 billion in grants (30%) and loans (70%). The current plan has several shortcomings that call into question the government’s commitment and ability to prioritise and build up a truly resilient economy and environment.
The complete report can be found here with a summary of recommendations.