CzechInvest board of directors resigns

The entire board of directors of CzechInvest, a government agency promoting business and investment, has resigned in protest of last week's dismissal of the agency's general director Tomas Hruda. Trade and Industry Minister Martin Riman sacked Mr. Hruda last week citing poor management. The dismissed general director ascribed the decision to problematic personal relations with Mr. Riman. Since the news broke the vast majority of CzechInvest's 300 employees have threatened to resign.