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Current AffairsCzech politicians under suspicion of corruption involving Gripen deal
The Czech Republic may be about to face one of the biggest corruption
scandals in the country's history. Britain's Serious Fraud Office is
running an investigation to determine whether or not Czech politicians
accepted bribes from one of the British Army's main arms suppliers, BAE
Systems.
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Business NewsBusiness News
In Business News this week: the Constitutional Court rules against an
amendment to a law giving compensation to clients of three bankrupt banks;
The Czech Consolidation Agency makes a large loss though by its standards
the results are good; the Czech Republic and Ukraine may sign an agreement
dealing with the issue of Ukrainians working illegally in this country;
environmentalists protest a possible raise in brown coal mining limits;
and Czech hotels record almost 13 million guests.
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Current AffairsSenator stripped of immunity to face charges of corruption
Christian Democrat Senator Jiri Cunek has been stripped of his
parliamentary immunity. The Senate, on Wednesday, made the decision
following a request by the Czech Police, who are investigating charges of
corruption. This makes Mr Cunek, who is also Regional Development
Minister, the first member of government in the country's history to face
a criminal investigation. More
Business NewsBusiness News
In today's Business News: Czech living standards are improving, but many
households are also struggling with debt; Czech uranium mines are looking
to attract new investment; over one hundred thousand vehicles have already
been registered in the new road-toll system, and this week's snowfall
costs
CSA millions of Czech crowns in lost sales. More
Current AffairsCabinet minister resigns after two weeks in office
Just two weeks after it was appointed- and a mere five days after winning a
confidence vote in the lower house of Parliament - the country's new
centre-right government has run into serious problems. On Wednesday
Culture Minister Helena Trestikova unexpectedly resigned and Regional
Development Minister Jiri Cunek may be stripped of his immunity on
suspicion of having accepted a bribe.
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Business NewsBusiness News
Coming up in this week's business news, Czechs help block an EU proposal to
raise tax on beer, Budvar wins a trademark battle in Portugal, Delvita
supermarkets announce they're shutting up shop, the Czech crown sets a new
record against the euro, minority shareholders call for halt in Unipetrol
privatisation, Czech perceptions of corruption decline and the World Bank
says setting up a Czech company takes 24 days - over a week longer than
the OECD average.
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