President Barroso welcomed Mr Nečas's backing of the Commission's twin-track strategy of sound public finances and growth, and said that the Czech Republic had made good progress in fiscal consolidation over the last two years.
The Czech Republic has made good progress in fiscal consolidation over the last two years. Prime Minister Nečas has reiterated again today its strong commitment to fiscal discipline and to ensuring timely correction of the excessive deficit in line with the Council recommendations. He also ensured me of his commitment to a sustainable and growth-friendly fiscal adjustment and to focus on structural reforms.
We also discussed the implementation of the structural funds in the Czech Republic. This is important, since the Czech Republic is the biggest recipient of Cohesion Policy in the EU for 2007-2013 in terms of the Structural Funds contribution per capita. More than ever it is vital to use EU funds efficiently, in a way that maximises their effects on growth and job creation and the benefits of course for Czech citizens.
The Czech authorities have taken corrective measures to address a number of problems which have recently been detected in the use of EU funds. We are working together with the Czech authorities to solve the outstanding issues.
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