|
|
Commission Report (2002): Czech Republic
A revised plan for the restructuring of the steel sector has been
produced.As regards the improvement of the business environment, progress has
been uneven. Efforts aiming at resolving the bad loan problem have
intensified, while preparations are underway to improve the bankruptcy
legislation and its implementation. By contrast, only partial and minimal
changes have been initiated to improve the operation of the commercial
register. As regards the completion of privatisation in the enterprise sector
and the liberalisation of utilities, significant progress was achieved with
the sale of strategic companies and utilities in the past year. Progress has
continued in the area of enterprise restructuring, in particular through the
Czech Consolidation Agency, has accelerated with the introduction of specific
programmes and actions. Support to SME development has remained limited to
the specific programmes run by the Ministry of Industry and Trade. No major
fiscal reforms, especially in health care and pension system, have been
initiated, resulting in the steady deterioration of public finances in the
reference period.
The Accession Partnership priorities have been partially met.
Implementation of the measures under the Action Plan is broadly on track with
the exception of fiscal reforms where there has been no progress.
© European Commission
|
|
