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08/27/2022
It is necessary to go in the direction of setting maximum prices for energy, Prime Minister Petr Fiala told the Chamber of Deputies on Friday, adding that the solution to the problem must be reached on the EU level. The Czech head of government said that he has been discussing the energy crisis with several EU members and is in the process of securing support from other member states as well.
Mr Fiala said that Czechia will call for an extraordinary meeting of EU ministers responsible for energy in order to find a solution to the crisis. He also said that the government has prepared several methods of how to transform the country’s major energy company ČEZ, which the state owns a majority share in, that would bring production and cost setting in the domestic electric energy market under the control of the state next year
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08/27/2022
A memorial to the three resistance movements present in Czechia during the 20th century opened up on Friday on the site of the former home of resistance fighter and Czechoslovak legionary Josef Mašín in Lošany, Central Bohemia. The opening of the publically funded memorial took place on the occasion of the 126th anniversary of Mašín’s birth.
Prime Minister Petr Fiala and Senate Speaker Miloš Vystrčil attended the event together with Mašín’s daughter Zdena.
The first Czech resistence took place during the First World War, the second during the Nazi occupation of Bohemia and Moravia from 1939 to 1945 and the third was a period of resistance against the Communist regime.
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08/26/2022
Saturday will be overcast with a chance of rain and day temperatures between 19 and 23 degrees Celsius.
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08/26/2022
The poultry farmers' union has stated that farmers are having trouble renewing energy supply contracts after their fixed-rate period ends, the Czech News Agency reports. Dozens of Czech poultry farmers are facing the risk of having to close business as a result. Poultry farmers only get fixed rate contracts on a monthly rather than yearly basis, which makes it even more difficult for them than the general population. Electricity prices are at least three and a half times higher than before, and gas prices even more so. In addition to expensive energy, poultry farmers are also having to deal with a sharp increases in the price of chicken feed.
A survey by the Agrarian Chamber and the Czech-Moravian Poultry Union in spring showed that about 52 percent of businesses plan to limit poultry farming, while roughly six percent will come to a complete stop.
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08/26/2022
More hiking trails and roads between Hřensko and Mezní Louka in the Bohemian Switzerland national park will open in September, a spokesman for the park administration told the Czech News Agency on Friday. Tourists will be allowed to visit the trails that were not directly affected by the fire from September 1. However, the park administration wants to extend the restriction on access to areas of the park that were hit by the fire beyond its current validity of August 31. The road between Hřensko and Mezní Louka will also open from September 1.
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08/26/2022
Czech singer and nine-time winner of the Golden Nightingale award Hana Zagorová has died at the age of 75. Ms. Zagorová had been suffering from health problems for a long time, made worse after she contracted coronavirus in September 2020. Due to her condition, all her work commmitments since last August had been cancelled.
During a long and illustrious career, Hana Zagorová performed almost 900 different songs, sang in several ensembles, and performed in the Apollo and Semafor theaters. She was inducted into the Hall of Fame at the Anděl music awards in 2015 and released her last studio solo album, I'm not afraid, in 2018.
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08/26/2022
The Prague Municipal Court declared Sberbank CZ, a bank with links to Russia, bankrupt on Friday. The court ordered that a review hearing on registered claims be held on October 6, which will be followed by a creditor meeting on the same day, according to information in the Insolvency Register. When a bank is declared bankrupt, the debtor's assets are sold off and the proceeds are distributed among its creditors. At the end of June, the bank had tens of thousands of creditors, to whom it recorded obligations of CZK 61.762 billion.
The Czech National Bank legally revoked Sberbank CZ's banking license at the beginning of May, and the Prague Municipal Court then sent the bank into liquidation, due to the outflow of deposits from Sberbank CZ after the start of the Russian invasion of Ukraine. The application for insolvency was filed by the bank itself and the court launched the insolvency proceedings against Sberbank CZ in late July.
According to the Financial Analytical Office, Sberbank CZ is formally owned by the largest Russian bank Sberbank, which is on the EU's sanctions list, but Sberbank does not control the Czech bank's affairs. The assets of the Czech bank are therefore not subject to anti-Russian sanctions.
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08/26/2022
The Association of Regions of the Czech Republic, which represents the interests of the 14 regional governments in the country, has called on the Czech state to regulate energy prices for households from January, the Czech News Agency reports. The governor for South Bohemia, Martin Kuba, told journalists that the increase in energy prices has been so sudden and rapid that the government does not so much have a crisis on their hands as a collapse. He said the state should aim to obtain a 100 percent share in energy group ČEZ's production capacity and designate a state-owned energy trader to whom energy companies would have to sell. However, according to Prime Minister Petr Fiala, the proposal is not new and none of the proposed measures has a quick and simple solution.
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08/26/2022
Slavia Prague beat Polish side Raków Częstochowa 2:0 at home on Thursday in the fourth round of the Europa Conference League qualifiers. The Czech team led the game 1:0 after 90 minutes and managed to score the winner in the last seconds of overtime.
The goal score was sufficient to cancel out Raków’s previous 2:1 victory over Slavia and the Czech side has therefore made it through to the Europa Conference League group stage.
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08/26/2022
Universities are considering switching to long distance learning during the upcoming winter period due to high energy prices. The Chairman of the Council of Universities, Milan Pospíšil, told the Czech News Agency on Thursday that Czech tertiary learning institutions will see their energy costs rise by CZK 1.5 billion when compared to last year to a total of around CZK 8 billion. Universities will not be able to pay for these expenses unless they receive help from the state, he said.
The head of the Czech Rectors Conference, Martin Bareš, is therefore in negotiations with the government about possible support.
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