EU Suspends Funds Over Conflict Concerns with Czech Agrofert

Novinky.cz

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The European Commission has refused to reimburse the Czech Republic almost CZK 77 million in rural development subsidies that companies from the Agrofert holding have already received from the state. Prime Minister Andrej Babis remains in a potential conflict of interest, according to Brussels, despite putting Agrofert shares into a trust fund this February.

iDNES.cz

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The State Agricultural Intervention Fund continues to pay support to the Agrofert holding and has not stopped processing other applications. The European Commission has suspended the payment of part of the EU subsidies to the holding's companies because, according to it, Prime Minister Andrej Babiš is in a potential conflict of interest.

PSnews

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The European Commission considers that Czech Prime Minister Andrej Babiš is in a potential conflict of interest situation with regard to the management of cohesion and agricultural funds and says that the trust-type structure created for his holdings is not sufficient to eliminate this problem. Until appropriate measures are taken by the authorities [...] Article EU Funds blocked for entities associated with Czech Prime Minister. The European Co…

ceskenoviny.cz

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Prague - The State Agricultural Intervention Fund (SZIF) continues to pay support to the Agrofert holding and has not interrupted the processing of further applications, the iROZHLAS.cz server reported today. The European Commission (EC) has suspended the payment of part of EU subsidies to companies from the holding because, according to the EC, Prime Minister Andrej Babiš (ANO) is in a potential conflict of interest.