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The Cabinet has drafted a new conflict-of-interest law. It will
not require the spouses of politicians and other public officials
to disclose assets that are listed in their name alone, as
organisations like the corruption watchdog Transparency
International had been hoping for. Minister of Justice Pavel
Nemec said the draft law improves upon previous legislation in
setting out more precise guidelines.
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Deputies adopt legislation to soften ban on 'Svarc system', speed up
commercial registrations, allow 'squeeze out' option for majority
shareholders; World Bank says creditors in Czech Republic least likely in
European Union to recover funds from bankrupt countries; Health Minister
to ask for partial bail-out of VZP; $230m positive foreign trade balance
recorded for March. More
Current Affairs'Wired' Czech Romani women win racial discrimination cases
Two landmark anti-discrimination cases involving members of the Romani
minority were settled this week. In both cases, the women had posed as
jobseekers, inquiring about advertised positions, but were denied
interviews —which were later granted to "white" applicants. More
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Cabinet rejects Civic Democrats' proposal for 15 pct corporate tax rate;
Mittal Steel, blocked from Vitkovice tender, threatens to renew claims
against the steelworks, launch arbitration against the state; Ireland's
Markland has bought Kotva; IT Minister may face charges over establishment
of private company Testcom Servis; Czech breweries, malt houses, post
record export sales
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Current AffairsNumber of foreigners in the Czech Republic on the rise
The Czech Republic is not a great example of a multicultural country. While
the large ethnic German and Jewish minorities from pre-war Czechoslovakia -
have all but disappeared, the country never experienced the kind of
large-scale immigration seen in some Western countries after the war. But
according new figures published by Czech Statistical Office the situation
seems to be slowly changing. There are currently 250.000 foreigners living
legally in the Czech Republic, which is six times as many as fifteen years
ago.
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Business NewsToyota-PSA plant officially online, gearing up for car-per-minuteproduction
Car manufacturers say that a combination of falling demand, especially in
Europe, the ever-weakening US dollar, and rising material costs are
cutting into savings. The French cars group PSA Peugeot Citroen, seeking
out lower production costs, three years ago teamed up with Toyota of
Japan, an industry leader in terms of efficiency. Their newly opened TPCA
plant, in Kolin, the Czech Republic, officially went online this week. To
find out why this joint-venture producing small cars — which should
eventually make 300,000 cars a year — is already making such big
headlines, we spoke with Lyle Frink, the Central European correspondent
for Automotive News Europe, who was at the starting line. More
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