The European Commission on Thursday revised its outlook for Czech economic
growth for this year. In the newly released macro-economic forecast it sees
the country’s gross domestic product growth falling to 2.5 percent.
The report expects growth next year to reach 2.2 percent. Earlier this year it predicted a figure of 2.5 percent for 2020.
A group of eight environmental activists who forced their way into the
Vršany brown coal mine early on Tuesday to protest against continued
mining in the region remain on the grounds of the mine for a second day
The protest is an effort to prevent the planned sale of the coal-burning Počerady electric power plant to the group Se.ven Energy belonging to Czech billionaire Pavel Tykač. Police are monitoring the situation but have not so far intervened.
Academics and former politicians have also been petitioning the power utility ČEZ against the sale on the grounds that the plant’s continued operation would be in violation of the 2016 Paris Climate Agreement.
The Czech Republic is now ahead of Spain in terms of GDP per capita adjusted to purchasing power parity (PPP). At least according to the latest OECD data, which show the country ranked 27th among the organisation’s 36 member states, with Spain one place behind, news site Aktuálně reports. However, the country still ranks bellow the EU average.
The telecom group O2 Czech Republic plans to remove all public pay
telephones by year’s end except for those it is obligated to keep in the
country’s smallest municipalities.
Out of the roughly 3,900 telephone booths currently in operation, some 1,150 will remain in municipalities with up to 200 inhabitants, an O2 spokesperson said.
The Czech energy giant ČEZ will develop small modular nuclear reactors in
cooperation with the American company NuScale, according to ČEZ spokesman
Ladislav Kříž, who told Czech Television that the two companies signed a
memorandum of understanding on Thursday. ČEZ and NuScale will share their
technical knowledge on the matter and look into the possibilities of using
such energy sources in the Czech Republic and across wider Europe.
The Czech government has a majority share in ČEZ and Prime Minister Andrej Babiš stated earlier this year that small scale nuclear power sources are the optimum solution for the country when it comes to constructing new nuclear power plants. NuScale is an industry leader when it comes to the development of these energy sources and is set to launch its first commercial reactor in the US state of Idaho in 2027.
The Czech Republic should have the right to determine its own energy mix,
Foreign Minister Tomáš Petříček told the Czech News Agency on Sunday
ahead of his departure for the United National General Assembly, which also
includes the Sustainable Development Impact Summit.
Mr. Petříček also said nuclear energy represented part of the country’s energy mix and it was an important replacement of the fossil fuels, which are being gradually phased out.
Czech businesses are still struggling to find workers, the news site Ihned.cz reports. In August, labour offices in the Czech Republic posted more than 350,000 vacancies, which is the highest figure in the country’s history, the website wrote. The biggest demand is for construction workers, warehousemen, or truck drivers.