Brussels, 24/05/2012 (Agence Europe) - The Czech Republic is in fact subject to a “rather high” budget risk if the European Commission maintains the freeze on Structural Funds decided in response to the financial irregularities observed, acknowledged Czech Prime Minister Petr Necas on Thursday 24 May following a meeting with the president of the European Commission, José Manuel Durão Barroso. “The situation is quite serious”, added Necas. In the worst case, in other words if the...