How does Prague use funds from Europe Union?

Capital city of Prague used most of money fro European to repairs and reconstructions. From 1,33 milliard crowns it is 1,14, that mean almost ninety per cents.

Most expensive has been repair of Broumarska street in Prague 14. 213 millions crowns were taken from funds. Very important repair of Petrin funicular costs 50 millions. Other project are elevators in Florenc station for 43 millions and Camera system in Prague for 50 millions.

The rule of using funds says, that European union will pay fifty percents of the cost, the rest is equally divided between Czech state and an applicant like city or city department. Over eighty projects has been realized this year.

At the Peacock, Prague

4-star hotel in the heart of Prague Learn more and book a room online!

Hostel Golden Sickle, Prague

Hostel is in a historical building after reconstruction, directly in the center.

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