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Current AffairsCzech Environment Ministry approves renovation of country’s biggest coal-fired power station
Earlier this year Micronesia called on the Czech Republic not to refit its
biggest coal-fired power station, Prunéřov, saying the pollution it will
produce threatens the tiny state’s future. The matter also proved
controversial in the Czech Republic itself, leading to the departure of one
cabinet minister. However, the Environment Ministry has now approved the
project, despite the fact the plant’s owners ČEZ are not planning to
install the best available technology.
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Current AffairsAnti-corruption watchdog backs referenda to brake councils’ plans to steamroller through solar power projects.
A Czech anti-corruption watchdog is helping citizens at several sites
around the county to prepare referenda for or against plans for massive
solar power plants. It is taking the unusual step because it says local
politicians are riding roughshod over their wishes and curbing democratic
discussion to get a share of the huge amounts of cash at stake.
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Business NewsBusiness News
In Business News this week: troubled developer Orco raises cash and
hackles; Czech coke producer rides high on soaring prices; betting lobby
loses battle with opponents; Hyundai workers promised hefty pay rise; and
main political parties eye windfall from sale of ČEZ shares.
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Business NewsBusiness News
In Business News this week: unemployment retreats from the feared 10
percent mark; Czech state debt hits a record level; power giant ČEZ says
it will shift its investment strategy; a controversial power plant is
poised for approval; and financial advisors face a hard sell.
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