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Current AffairsMoravian deluge leaves swarms of mosquitoes
The floodwaters have receded in Moravia, but now many parts of the region
are inundated with mosquitoes. Various sources have reported as many as 60
bites a minute in places – not necessarily a danger, but a definite
inconvenience as the summer tourist season begins.
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Business NewsBusiness News
In this week’s Business News: economic confidence continues to recover;
regional rail services battle heads to Brussels; winner of first state PPP
project selected; China fuels Škoda Auto sales surge; and crisis hits DIY
giants.
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Business NewsBusiness News
In this week’s Business News: pace of price rises forecast to speed up;
central bank fights independence slur; the Czech Republic climbs
competitiveness ladder; phone giant sees earnings slump; and the surprise
debt payment demand.
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Current AffairsCzechs sceptical about Brussels’ plan to review national budgets
In the wake of the Greek financial crisis, the European Commission has
proposed that the budgets of countries using the euro should be reviewed in
Brussels before they are approved by national parliaments. The plan has
provoked mixed reactions across Europe, and is likely to meet resistance
here in the Czech Republic.
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Current AffairsCzechs escape direct costs of Greek contagion package but face stepped up scrutiny of public finances
European Union finance ministers have agreed a massive package of funding
to stop the spread of Greek financial crisis and save the euro zone from
collapse. The Czech Republic escaped lightly from the latest financial
commitments. But the wave of concern about European governments ability
to pay their way and not live on borrowed time and money will focus even
more attention on the fiscal steps of the next Czech government in power.
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