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Current AffairsGovernment and carmakers welcome EU plan on greenhouse-gas emissions
Almost one fifth of the Czech Republic's air pollution is caused by
transport and yet efforts to reduce greenhouse-gas emissions in cars have
borne little fruit. But this week, EU industry ministers said they have
drawn up a plan that is expected to win the approval of the two main
players in the debate - environmentalists and carmakers.
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Pick of the MonthPick of the Month
In Pick of the Month, we revisit some of the highlights in our broadcasting
schedule over the last thirty days or so. Some of the things in this
month's selection include a look at the significance of the Skoda
industrial dispute, the life and career of the recently deceased Czech
poet and philosopher Egon Bondy, Kurt Vonnegut Jr.'s surprising Czech
connections, the amazing story of Prague resident Adolf Burger who forged
dollars for the Third Reich, and an interview with Czech feminist scholar
Marcela Linkova.
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Current AffairsChairman Chung attends construction launch at Hyundai's Nosovice plant
After months of delay the South Korean automaker Hyundai began construction
on Wednesday on a one-billion-euro car assembly plant in Nosovice,
northeast Moravia. The ceremony was attended by Hyundai's chairman Chung
Mong-Koo, facing a prison sentence at home for corruption. The troubles at
Hyundai haven't stopped the company from going ahead with this huge
investment project.
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Talking PointIs the Czech Republic about to price itself out of the FDI market?
A recent industrial dispute at carmaker Skoda Auto - one of the Czech
Republic's largest and most successful firms - has not only made headline
news in this country, but also taken up many column inches in the
international press. A pay rise of just under 13 percent, which Skoda
workers managed to negotiate with their employer, has led to speculation
abroad that the Czech Republic may be about to price itself out of the
foreign investment market. More
Business NewsBusiness News
In business news this week: management and trade unions at Skoda Mlada
Boleslav resolve long-standing pay dispute. The state-controlled Czech
airline CSA reports another rise in passenger traffic in the first quarter
and, the world-famous fashion brand Giorgio Armani may have its suits made
at Czech clothing producer OP Prostejov.
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Current AffairsAnalyst - Skoda deal psychological boost for unions seeking higher wages
The threat of further strike action at the Skoda Auto car plant in Mlada
Boleslav has been averted after management and unions agreed a deal on
pay. Most of Skoda's 24,000 workers took part in a day-long staggered
strike on Wednesday, after months of inconclusive talks. That led to fresh
negotiations which produced a compromise, under which wages will rise by
12.7 percent until the end of 2008. The crisis at Skoda Auto - owned by
Germany's Volkswagen - has been resolved, but what does it mean for the
Czech economy? We asked Ales Michl, an analyst at Raiffeisen Bank.
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