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The Czech National Bank has called on the government to step up its efforts
in cutting the country's growing debt to avoid future crisis. The
government has once again postponed a final decision on a new bill on
property declarations. The Finance Ministry expects the 2004 budget gap to
drop below 6 percent of GDP. The Prague Stock Exchange is to experience
the first IPO since it was established 14 years ago. A government
commission has recommended 25 projects for the post-war reconstruction of
Iraq. The Czech National Bank has reported an increased number of
counterfeit US dollars in the Czech Republic. The state sector will lay
off thousands of staff this year. Czech Railways are also planning mass
redundancies. The number of self-employed people has been falling since
the beginning of this year. Czech building societies have reported a steep
decline in new contracts in the first quarter. Czech breweries have
reported record high exports in 2003.
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One on OneVit Pohanka - surviving captivity in Iraq
My guest on One on One this week is my Czech Radio colleague, Vit Pohanka.
Vit is one of three Czech journalists who were taken captive in Iraq last
week. Along with a Czech TV reporter and cameraman, he spent six days
being held by an unknown Iraqi group somewhere in the country outside
Baghdad.
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Current AffairsCzech Radio reporter Vit Pohanka recalls Iraq kidnap ordeal
There were scenes of great joy at Prague airport early on Sunday morning
when three Czech journalists kidnapped last week in Iraq were reunited
with their families. The three - Czech Radio's Vit Pohanka, and Michal
Kubal and Petr Klima of Czech Television - had been abducted by a group of
Iraqi insurgents the previous Sunday, before being released on Friday
after intense diplomatic negotiations. The news that they had been freed
was greeted with great relief in the Czech Republic: many had feared the
worst for the three journalists. More
Current AffairsAll avenues explored in efforts to secure release of three Czech journalists
During the six days that the three Czech journalists were held captive in
Iraq the Czech Foreign Ministry worked hard to secure their release,
looking for help in all possible quarters, including the Czech Republic's
Muslim community.
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Current AffairsCzech hostages released
The hostage crisis in Iraq continues, with several dozen foreign nationals
still being held by militants, but three Czech journalists, held since
last Sunday, had reason to celebrate on Friday, as they were suddenly and
unexpectedly released. David Vaughan reports.
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