Falkon Capital, the company which bought a 20-billion-crown share of Russia's debt to the Czech Republic last year, has become the owner of the posh hotel Praha in Prague 6. Falkon Capital bought the hotel for 501,000,000 crowns or 16,000,000 US dollars. There has been a lot of controversy around the company. After Falkon Capital bought the Russian debt, there were claims that the intelligence services warned the Czech government that company represantatives were linked to organised crime and foreign secret services.
Beijing ends agreement with Prague – but can spat harm Czech capital?
Czechia now ahead of Spain in GDP per capita, but still below EU average
Czechs observe day of mourning for pop idol Karel Gott
Rare Terezín concentration camp artefacts found in attic of private home
Thousands pay tribute to deceased national pop icon Karel Gott