Non-governmental, nonprofit organizations (NNOs) in the Czech Republic have written an open letter to Czech Finance Minister Andrej Babiš responding to materials published by the ministry entitled “Rules for co-financing of European Structural and Investment Funds for 2014-2020”, which establish binding rules for the financing of projects from the ESIF and have recently undergone an inter-ministerial commenting process. The organizations criticize the ministry’s proposal that responsibility for up to 15 % of co-financing be mandatory for participation in ESIF projects.
Such a condition, according to the NNOs, will fundamentally restrict nonprofit activity in the social arena, as it will make it impossible for NNOs to draw on the financing. This will lead to the suppression or closure of quality programs and services that have been running for years and to the paralysis of much-needed development and innovation.
Source (English language): http://www.romea.cz/en/news/czech/czech-ngos-write-to-finmin-over-co-financing-of-eu-funded-social-projects