• 03/23/2022

    The Financial Analyitical Office (FAO) of the Czech Ministry of Finance is looking into cases where companies have been attempting to avoid sanctions imposed on Russia. Some business entities have attempted to transfer dozens of millions of crowns in an attempt to do this. The FAO has frozen the relevant bank accounts and forwarded the issue to the police, the ministry announced on Twitter. This has also been confirmed by the country’s head of the Centre for Combating Organised Crime, Jaroslav Ibehej.

  • 03/23/2022

    Nearly two thirds of respondents in a newly published STEM/MARK poll said that they would want a female president. Meanwhile, nearly 80 percent of respondents said that they can imagine a woman holding the presidential office in the Czech Republic. Civic Democrat Senator Miroslava Němcová is currently the woman polling the highest among prospective presidential candidates, followed by nuclear energy expert Dana Drábová.

    The poll also asked the question whether former Prime Minister and ANO party leader Andrej Babiš is planning to run for the position of head of state. Three quarters of respondents said that they believe he will.

    The presidential election is expected to take place before March 8, 2023.

  • 03/23/2022

    Artist duo Roman Vrtiška and Vladimír Žák were proclaimed the absolute winners at the Czech Republic’s 2021 Grand Design awards, which took place in Prague’s Karlín Music Theatre on Tuesday. The two artists also won in the “Designer of the Year” category, with the jury especially highlighting their studio’s work in designing bathroom furniture, wash basins and a special catamaran.

    Liběna Rochová received the lifetime achievement award for her contribution to Czech design. Meanwhile, fashion brand PÁR received the award in the fashion category for their trainer’s collection.

  • 03/23/2022

    The Czech Republic’s foreign debt rose year-on-year by CZK 150,3 billion to nearly CZK 4,472 trillion in 2021, according to preliminary data released by the Czech National Bank. The sum represented 73 percent of Czechia GDP. During the last quarter of 2021 alone, the country’s foreign debt rose by CZK 105 billion.

    The most indebted sector of the Czech economy is the banking sector, which makes up 42.9 percent of the country’s total foreign debt.

    Foreign debt is the sum of obligations that the country has agreed to pay back.

  • 03/23/2022

    Thursday should see temperatures range around 16 degrees Celsius with open skies and sunshine across the country.

  • 03/23/2022

    The Czech Republic’s new government must help strengthen media independence and pluralism, according to a new report focusing on media freedom and independence in the country that was published by the International Press Institute on Tuesday. The report focuses on what it claims to be the spread of media capture under the previous government of Andrej Babiš and provides recommendations for the new government led by Prime Minister Petr Fiala on how to reform and strengthen the independence and pluralism of the media sector.

    According to the report, Andrej Babiš undermined the Czech public broadcaster Czech Television and steered government advertising to his media, as well as using his power in the media to “promote and defend his government’s record”. The report also claims that media capture in Czechia differs fundamentally from that going on in neighboring Hungary where this is mainly a state-led media takeover. IPI writes that many of the Czech Republic’s largest private media outlets have been acquired by a “handful of oligarchs for whom media could be used to promote their wider business interests”.

    The International Press Insititute is a global network of editors, media executives and leading journalists that is aimed at promoting conditions that allow journalism to fulfill its public function.

  • 03/23/2022

    The Czech Republic will support the greater use of hydrogen in its industry in order to lower its energy dependence on Russia, Foreign Minister Jan Lipavský and Industry Minister Jozef Síkela said on the occasion of Wednesday’s Czech-German Hydrogen Day conference in Prague. They said that hydrogen could be used especially in the chemical and transport industries.

    Mr Lipavský said that hydrogen is both a clean energy source as well as one that offers greater energy independence in a time when it is necessary to ensure that the Czech Republic doesn’t get blackmailed through energy supplies.

  • 03/23/2022

    A natural space for further sanctions against Russia are those against banks that are already being sanctioned by the United States, the head of the European Policy Coordination section of the Office of the Government Štěpán Černý said in the Chamber of Deputies on Wednesday.

    Specifically, he referred to banks that are used for fossil fuel supply payments by EU member states. As soon as their will be political will to cut these supplies it will be possible to start sanctioning these banks, Mr Černý said. One possibility on how to do this would be to store payments into a reserve fund with a payout to the concerned state only possible once it would begin behaving responsibly again, the official said.

  • 03/23/2022

    Prime Minister Petr Fiala told Czech Television on Wednesday that he wants the country to extend its state of emergency by more than 30 days. The TV station reports that it could instead be extended for a period of 90 days. The request to extend a state of emergency imposed to help deal with the wave of refugees from Ukraine is set to be discussed by the government this Wednesday. The state of emergency began on March 4 and can only be extended after an initial 30-day period by the lower house.

    Ministers will also discuss other issues linked to the crisis situation, including benefits for people who take Ukrainian refugees into their homes and material aid for Ukraine itself.

    Author: Ian Willoughby
  • 03/23/2022

    Some 10,498 new cases of Covid-19 were recorded in the Czech Republic on Tuesday, around 200 fewer than on the same day last week. There were also nearly 2,000 reinfections. The number of tests conducted was also lower.

    The seven-day case incidence was 499 per 100,000, the first time that indicator has fallen below 500 in nearly a fortnight. Prague currently has the highest per capita rate of confirmed infections in the country.

    There were 2,040 people in hospital with the coronavirus on Tuesday, which was 385 fewer than on Tuesday last week.

    Author: Ian Willoughby

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