The Czech Republic has managed to secure funds from the EU for the repair of panel buildings

PRAGUE - According to television Nova, the Czech Republic has managed to secure funding from the European Union for the repair of panel houses. The EU had previously refused to direct its subsidies to this area, but has now yielded to the new member states. Nova reported this in today's evening news. About four million people live in panel houses in the Czech Republic, and many housing estates are in a deplorable state.
According to earlier information from the Ministry for Regional Development, between 2007 and 2013, EU funds could provide one to two billion crowns annually for the regeneration of panel estates. "Actually, the door, that possibility has opened a bit," said Daniela Grabmüllerová, head of the Housing Policy Department at the Ministry for Regional Development, to Nova.
The total costs for the repairs of apartments and houses in panel estates in the country are estimated at 300 to 400 billion crowns. Currently, the State Fund for Housing Development is primarily funding the repairs of panel houses, with 400 million crowns allocated for these purposes this year. "There are financial resources available to strengthen the sources for the reconstruction of panel houses in the coming years," confirmed Finance Minister Bohuslav Sobotka to Nova.