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Current AffairsRussian President Medvedev signs business contracts, opens exhibition at Prague Castle
More than a dozen important bilateral agreements and business deals were on
the agenda of a two-day state visit to Prague by the Russian President
Dmitry Medvedev and his entourage. Bilateral relations were at the
forefront of attention, but topics such as the eurozone’s debt crisis and
the recent parliamentary elections in Russia were also addressed. More
Current AffairsRussian President Medvedev in Prague
Russian President Dmitri Medvedev arrives in Prague on Wednesday at the
invitation of Czech President Václav Klaus. His short visit will entail
primarily meetings with President Klaus, who is often noted for his warm
attitude towards Russia, and later on Thursday with Prime Minister Petr
Nečas. There is plenty on the table for discussion among Czech and Russian
leaders, namely business deals and Russia’s bid for the tender to
complete the Temelín nuclear power plant in South Bohemia. Many of the
milestones in the last decade of Czech-Russian relations however have been
negative, with years of debate over the abandoned American missile defence
plan and a spy scandal two years ago. Christian Falvey spoke with Petr
Kratochvíl, one of the heads of Prague’s Institute of International
Relations and an expert on Russia, who he first asked where relations stand
now. More
Business NewsBusiness News
In Business News this week: the Czech Finance Minister warns of disastrous
consequences the fall of the euro would have for Czech economy; Czech banks
pass new stress tests but Moody’s downgrades their outlook to
‘negative’; Westinghouse signs cooperation deal with Vítkovice
engineering firm; Škoda Auto announces plans to develop a new SUV model;
and Nová Paka in eastern Bohemia is named the Czech town for business. More
Current AffairsPrime Minister Petr Nečas to meet US President Barack Obama
Czech Prime Minister Petr Nečas is on a brief working visit to the United
States where he will be meeting with US President Barack Obama later on
Thursday. The agenda of Mr Nečas’ first visit to the Oval Office will be
dominated by the multi-billion tender to expand the Czech Temelín nuclear
power plant, in which the US firm Westinghouse is one of the bidders. More
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