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Business NewsBusiness News
In Business News this week: the budget deficit is significantly lower than
predicted; the prime minister signals an end to state support for building
savings; the euro could be adopted as late as 2019, says the governor of
the central bank; almost half the foreigners working in the Czech Republic
would like to leave, citing trouble finding employment corresponding to
their qualifications; and after years of growth, the number of mobile
phone
text messages sent on New Year’s Eve fell slightly. More
Business NewsBusiness News
In this week’s Business New: the Czech Republic to receive more funds
from the EU; Home Credit starts off in China; Czech Railways plan record
renovation; Czech food prices to go up in 2008; and CEZ Hungarian deal
causes controversy.
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Current AffairsCommunist leaders support monument to victims of communism
The head of the Czech communist party Vojtech Filip and communist MEP
Miloslav Randsorf have contributed financially to a planned memorial to
Milada Horakova, a Czech politician executed by the Czechoslovak communist
regime in 1950. The corner stone of the monument was laid on Tuesday near
Prague’s Pankrac prison where Milada Horakova and other political
prisoners were executed.
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SpecialThe symbolic and practical implications of the Schengen expansion
On December 21 the Czech Republic made another significant step in becoming
a fully-fledged member of the European Union. At midnight, Czechs, along
with nine other new EU member states, abolished their border controls and
become part of the border-free Schengen area. Almost two decades after the
fall of the Iron Curtain, the final barrier separating the former Eastern
and Western bloc has been lifted. On the day of the country’s accession
to the Schengen zone, I spoke to Ivo Slosarcik, lecturer of European and
international law at Charles University. I started by asking him how the
country’s entry to Schengen is going to affect people’s lives:
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