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Current AffairsCzech government prepares for bad times
Standard & Poor's fuelled fears of a crippling economic crisis in
Europe on Monday, issuing a dire warning of an unprecedented mass downgrade
of eurozone countries’ credit ratings if EU leaders fail to deliver a
fast and efficient solution to the region's debt crisis. Although France
and Germany promptly threw their weight behind a reform plan which would
reinforce governance within the alliance, scepticism remains high and even
non-eurozone members such as the Czech Republic are bracing for the worst. More
Current AffairsCzech parties struggle to find roles for former leaders
The former leader of the Czech Social Democrats Jiří Paroubek has
announced plans to leave the party and establish a new political group.
Should his intentions materialize, he would be the second Social Democrat
leader to do so, after Miloš Zeman whose own political project caused
significant harm to the Social Democrats in the last general elections. But
in Czech politics, problems with former party leaders are not unusual. More
Current AffairsFrench Bastille Day celebrated with food market on Prague’s Kampa island
For the third year in a row now, the French Bastille Day on July 14th is
celebrated with an open-air food market on Prague’s Kampa island. The
stalls offer a wide variety of French wines, cheeses, meats and other
delicacies to an increasingly interested Czech public. More
Business NewsBusiness News
In today’s business news: The Czech antimonopoly watchdog launches a
probe into the controversial Promopro contract, industrial production in
the Czech Republic has grown by 15.2 percent year-on-year, the average cost
of purchasing a vehicle continues to drop, former president Václav Havel
features in new ad campaign for the used car dealer AAA Auto, and the
Karlovy Vary airport will get a new departure hall. More
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