Communist Party at risk of millions in fines for withdrawing from contract

The Communist Party is reportedly at risk of paying millions of crowns in fines for withdrawing from a contract commissioning a new party headquarters in the Vysocany district in Prague. The project was to have been financed through the sale of the party's long term headquarters; but the party's executive committee earlier in the year decided against. According to earlier information, the new site was to have cost around 250 million crowns, the equivalent of around 11.5 million US dollars.