The Czech Republic’s COVID Plus programme will provide billions for large exporters, but is not subject to any regulation or supervision. The state should be able to explain which projects it supports and why, but EGAP remains silent on its dubious investments.
We continue to question the Czech government’s COVID-19 recovery aid to big polluters such as Liberty Steel Ostrava, whose owner is on the brink of bankruptcy. The case is yet another example of the insufficient transparency and accountability of export credit agencies (ECAs).
Read more (in Czech).
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Location: Czech Republic
Project: Export Credit Agencies (ECAs)
Tags: export credit agencies | transparency