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Current AffairsVolatility of crown problem for Czech firms, says Škoda executive as fall of government raises questions over euro adoption date

02-04-2009 15:42 | Ian Willoughby

Radek Špicar One consequence of the fall of the government last week is increased uncertainty over when the Czech Republic will adopt the common European currency. A target date for joining the euro had been promised for November, but the cabinet that made that pledge will probably be long gone by then. More

Current AffairsCaretaker cabinet would take office before end of EU presidency under reported provisional agreement between parties

01-04-2009 16:13 | Ian Willoughby

Mirek Topolánek, photo: CTK A week after the Czech government lost a vote of no-confidence, the main players appear to have reached agreement on a way out of the crisis. Early elections look set to take place in the middle of October and a caretaker government could be in place by the end of April – that is, before the end of the Czech presidency of the European Union. More

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