Related articles
Letter from PragueOn blackouts
The recent electricity outage in the United States and Canada reminded me
that during my childhood, blackouts were quite common. Of course, they
never lasted more than a few hours, at least as far as I can remember. I
never saw power being cut off deliberately, for saving purposes, like my
parents back in the 1950s. It would then be announced on the radio that
power would be cut in certain regions and people filled up their kerosene
lamps or just sat around in the dark and told each other stories.
More
Business NewsBusiness News
Prague blue-chips hit a three-year high earlier this week. Meanwhile, the
Czech crown fell to its lowest in over a year and a half against the euro.
The Czech central bank will most likely change its inflation targeting
policy. New Telecommunications Act forces former monopoly Czech Telecom to
rent last mile to competitors. Czech Telecom to sell off some assets. The
largest Czech coal-burning power station out of operation. Power Utility
CEZ eying mulls eastward expansion. Sixteen buildings in Prague's
Wenceslas Square are up for sale again.
More
Press ReviewPress Review
There is a mixed bag of headlines today, ranging from the suicide of a
soldier serving in the elite Prague Castle Guard to the blackout in North
America that hit 50 million people last Friday.
More
Business NewsBusiness News
In this week's Economics Report, the failing Fischer travel empire looks
for salvation, the government is to try again to persuade the EU to allow
a bailout for Trinecke Zelezarny, and the Labour Minister wants to retain
the so-called "13th and 14th salaries" despite plans to cut the
public spending deficit.
More
Business NewsEnvironment groups slam Trade and Industry Ministry's long-term energy policy
The Trade and Industry Ministry has published its long term energy policy
plan up until the year 2030. It has been tailored to gradually meet all EU
criteria, but still aims for maximum self sustainability. The ministry has
revised an earlier decision to phase out black and brown coal mining and
also plans to build three more nuclear reactors. The plan has come as a
shock to environment activists who claim that it would be a serious
setback for the Czech Republic.
More
Current AffairsEnvironment groups slam ministry's long-term energy policy
The Trade and Industry Ministry has published its long term energy policy
plan up until the year 2030. It has been tailored to gradually meet all EU
criteria, but still aims for maximum self sustainability. The ministry has
revised an earlier decision to phase out black and brown coal mining and
has plans to build three more nuclear reactors. The concept has come as a
shock to environment activists who claim that it would be a serious
setback for the Czech Republic. We asked Vojtech Kotecky of Friends of the
Earth what his reservations are:
More
Business NewsBusiness News
Czech government faces another arbitration. New calls for privatisation of
remaining state assets. Parliament passes law to speed up energy market
liberalisation. Pilsner Urquell brewery found guilty of
compeititon-blocking practices. Government would like mobile operators to
pay for UMTS licences as soon as possible. Central Bank intercepts an
increasing number of forged euros. Consumer confidence has been on the
rise. Czech foreign debt decreases.
More
Business NewsBusiness News
The Czech government has delayed the planned sale of national power
producer CEZ until after it has drafted a new national energy policy. The
Czech Senate has approved a new law aimed at curbing tobacco promotion.
The European Central Bank has urged EU membership applicants to get their
economies in shape before joining eurozone. The Czech cabinet has scrapped
a contract awarded to a private company to build and operate a highway in
North Moravia.
More
+1
