Release date: 13 October 2009
Promoter – Financial Intermediary
Ministry of Finance of the Czech Republic
Reconstruction of damage caused by floods in June and July 2009.
The proposed operation includes flood damage repair investments in four affected Czech river basins (South Bohemia, Ústi Region, Olomouc Region and Moravian Region) after the floods of summer 2009.
Proposed EIB finance (Approximate amount)
CZK 7 000 million
Total cost (Approximate amount)
CZK 7 600 million
The promoter will assure that all schemes will be screened according to the requirements of the applicable national and European environmental legislation including Directive 97/11 amending 85/337, and those regarding Natura 2000 and Habitats.
The promoter will assure that services, supply and works contracts will be purchased in compliance with the national and European public procurement legislation, including publication on the OJEC if required.
Signed - 8/12/2009
Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The data provided on this page is therefore indicative and cannot be considered to represent official EIB policy (see also the Explanatory notes).