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Current AffairsCzech Constitutional Court cancels another part of government’s austerity package

The Czech Constitutional Court has abolished another part of the government’s austerity package. The court on Wednesday ruled invalid the taxation of state support for housing-related saving plans, arguing it was approved in breach of the constitution. This is the second time the court thwarted the government’s plans to bring down this year’s budget deficit. Wednesday’s verdict made President Václav Klaus lash out against the court, accusing it of interfering with politics. More

NewsCabinet agrees on spending framework for 2012 - 2014

Current AffairsNearly three-quarters of Czech population oppose introduction of Euro, poll suggests

According to a recent poll conducted by the SANEP agency, nearly three in four Czechs are against the introduction of the euro. Nearly half of the respondents even say they would vote against joining the EU today – a big shift from the result of the 2003 referendum, when 77 percent of the country’s population voted in favor. David Král, director of the Czech think tank Europeum, speaks about the connection between the financial crisis and growing reservations towards the EU, and whether or not he found the result surprising. More

NewsEU observer says Euro Pact refuseniks will be sidelined from important decision-making

Business NewsBusiness News

No part in the Euro-Pact for the Czech Republic; interest rates stay at their all-time low, for now; costly coal means good news for gas; Seznam.cz buys up Stream.cz; and a new blacklist for public tenders is accepting new members. More

NewsPM Nečas: Czech Republic not to join Euro Pact