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In Business News this week: a poll suggests that a majority of Czech business leaders oppose contributing to the EU’s efforts to save the euro; Central Bank governor says that the loan to the IMF will have to be very seriously considered; The government’s economic advisory council NERV acquaints PM with detailed crisis scenario. More

Current AffairsPM Nečas hints Czechs might stay out of EU’s effort to save the euro

The EU’s plan to save the euro has in recent days divided the Czech political scene. While the fiercely eurosceptic President Václav Klaus said the country should stay out of the planned loan to the IMF, Foreign Minister Karel Schwarzenberg noted the Czech Republic would have little choice but to approve it. On Tuesday, Czech Prime Minister Petr Nečas came out to clarify the government’s position – and hinted that if it were up to him, the government would say no. More

Current AffairsPlan to save euro met with mixed reactions among officials and pundits

While the Czech Republic has not yet made a final decision as to whether to contribute 3.5 billion euros to the IMF package intended to save the common European currency and the eurozone, the Czech Foreign Minister says the country can either join the majority of EU countries in their efforts and remain in the centre of further integration, or face marginalization in the union. More