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Business NewsBusiness News

22-07-2005 15:44 | Brian Kenety

'Welfare-to-work' style move behind lowering of minimum subsistence level; mandatory receipts for 50-crown plus purchases to be rescinded; Justice Minister submits conflict-of-interest proposal; Senator Alexandr Novak charged taking a 43 million crown bribe; Aero Vodochody to expand its suburban Prague airport to attract budget airlines; Finance Minister proposes consolidation of financial market oversight within CNB.  More

Current AffairsSupreme State Attorney under fire

11-07-2005 15:38 | Daniela Lazarová

Supreme State Attorney Marie Benesova Marie Benesova, photo: CTK Supreme State Attorney Marie Benesova's career may be about to come to an abrupt end because in a fit of pique she made an accusation she may not be able to prove. In a private telephone conversation with a journalist she accused Justice Ministry spokesman Petr Dimun of bribing TV Nova to air a damaging report about her. Unfortunately for her, the journalist she made the rash statement to by phone was recording the conversation and its contents were splashed all over the papers the next day. Now, the Supreme State Attorney has been asked to back up her accusations or resign.  More

Current AffairsCzech coalition agrees to re-form under new PM

14-04-2005 15:32 | Daniela Lazarová

Pavel Nemec, Miroslav Kalousek et Stanislav Gross, photo: CTK The three parties in the collapsed Czech government on Thursday agreed on the formation of a new majority-backed Cabinet, ending months of political turmoil and paving the way for the embattled Prime Minister Stanislav Gross to step down. Following eight hours of gruelling talks, Mr. Gross emerged to face the media at 3 am on Thursday morning, saying that the three parties had agreed on the fundamental points of a majority, pro-European government which should see the country through to the next general elections in mid 2006.  More

Talking PointCan government survive latest coalition crisis?

21-02-2005 14:34 | Dita Asiedu

President Vaclav Klaus and Stanislav Gross, photo: CTK The crisis in the ruling coalition came to a head on Saturday after the leader of the Christian Democrats, Miroslav Kalousek, asked Prime Minister Stanislav Gross to step down from office. Mr Gross rejected the call and retaliated with his own call for the three Christian Democrat ministers in the government to leave the government if they no longer have confidence in its chairman.  More

Current AffairsGross reasserts his authority following financial scandal

18-02-2005 14:27 | Dita Asiedu

Prime Minister Stanislav Gross, photo: CTK "It's just like Sarajevo"- those were the words of Prime Minister Stanislav Gross on Tuesday, when he was told at a news conference in France that Miroslav Kalousek, the leader of the junior coalition partner, the Christian Democrats, had given him an ultimatum: he should either clarify aspects of his personal finances or resign. Seven years ago, the same party made a similar move when the then Prime Minister Vaclav Klaus was on a trip abroad in Sarajevo. On that occasion they actually managed to bring down the government.  More

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