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Financial expert on EU summit: The Czech Republic should have been prepared for a cut in funds

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The change of course in EU financing being discussed at the summit in Brussels, may see future funds allotted to the Czech Republic cut by 24 percent and moreover tied to new priority areas such as climate change and innovation. How would such a shift impact the Czech Republic, which insists that its main investment priority is still road and rail infrastructure? I put the question to Ondřej Houska, a financial expert with the leading Czech daily Hospodářské noviny, who is following developments in Brussels.

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