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Current AffairsRussian President Medvedev in Prague

07-12-2011 16:36 | Christian Falvey

Dmitri Medvedev, photo: CTK 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

02-12-2011 16:56 | Jan Richter

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

27-10-2011 16:41 | Jan Richter

Petr Nečas 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

Business NewsBusiness News

14-10-2011 15:58 | Jan Velinger

Temelín nuclear power plant In Business News: A Russian consortium is reportedly the most likely to win an upcoming tender on the expansion of the Temelín nuclear power plant; sources report an uptick in Russian FDI; Czech Railways announces the aim to sell off property worth 90 million crowns; the first Škoda Citigo – a new small vehicle intended for zipping in-and-out of city traffic –rolls off the assembly line; and, the transport minister proposes a new fee for vanity licence plates. More

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