Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Czechs May Lose EU Subsidies for Water Systems, Hospodarske Says

The Czech Republic may lose as much as 40 billion koruna ($1.9 billion) in European Union subsidies for water system upgrades unless the government improves oversight of the funds, Hospodarske Noviny reported, citing Jakub Kulisek, a deputy environment minister.

The European Commission may deny the country subsidies for the years 2014-2020 because officials haven’t been able to bring control of the water industry under a single body, the main Czech financial newspaper said.

Having the funds withheld would raise prices for water consumers, the Prague paper said. Funding is regulated by several ministries and should instead be brought under a single institution such as the Czech energy regulator, it said.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.