• 05/07/2009

    The Czech Republic’s trade balance in March posted a record surplus of 23.4 billion crowns, or around 1.17 billion dollars, the Czech Statistical Office announced on Thursday. The surplus is the largest ever recorded in the country and represents a 14.1 billion crown improvement on the figure in March 2008. Two of the main factors fuelling the surplus were a lower deficit in oil and other fuels and a higher than expected surplus for manufactured goods. During the first quarter, the Czech trade surplus has improved by 1.4 billion compared with the same period a year earlier.

    Author: Chris Johnstone
  • 05/07/2009

    The Czech National Bank cut its main interest rate by a quarter of a percentage point on Thursday. The move reduces the rate to 1.5 percent, the lowest level since the creation of the Czech Republic. Many analysts had expected the cut thanks to the low outlook for inflation and the need to boost the lagging economy. The Czech cut still means its main interest rate is higher than in the eurozone.

    Author: Chris Johnstone
  • 05/07/2009

    Two members of the incoming caretaker government of Prime Minister Jan Fischer have come under attack even before they have taken up office. The new Minister of Transport, Gustáv Slamečka, turns out to have Slovak citizenship. The main opposition party, the Social Democrats, says this could pose security problems. Meanwhile the new Minister of Culture Václav Riedlbauch has come under criticism for his active past in the pre-Velvet Revolution Communist Party. According to Thursday’s Lidové noviny, Riedlbauch tried to stop musicians heeding students’ pleas they take part in a protests against the Communist regime in November 1989 which eventually caused it to fall. He was an artistic director at the National Theatre at the time.

    Author: Chris Johnstone
  • 05/07/2009

    Police in the far east of the Czech Republic have launched patrols to protect the endangered brown bear in the Beskydy nature reserve. The move follows the discovery last week of the remains of one animal in a bag with the hide and other body parts removed as hunting trophies. The Czech branch of Friends of the Earth have offered a 100,000 crown reward for the capture of the poacher. The brown bear is classified as a critically endangered species in the Czech Republic with the Beskydy area one of the few where it exists.

    Author: Chris Johnstone
  • 05/07/2009

    Znojmo beer has been given protected status by the European Commission. The Commission announced in Brussels on Thursday that the beer had been given protected geographical indication status, meaning that nowhere from outside the area can use the name. The application for the special status was made several years ago and continued when the Brno-based brewery Starobrno was bought by multinational brewing giant Heineken. But it is not yet clear if the brewer will relaunch the mark. Around 850 products have so far been awarded geographical protection across Europe.

    Author: Chris Johnstone
  • 05/07/2009

    In ice hockey, the Czechs face a crunch world championship quarterfinal match against Sweden on Thursday night. The match has been billed as the most important the Czechs have played so far this year. Czech optimism has been riding high that star player Jaromír Jagr can lead them to victory. The team has a point to prove after being bundled out of the world championships without a medal by the Swedes last year.

    Author: Chris Johnstone
  • 05/06/2009

    The Czech Senate has voted to ratify the European Union’s Lisbon treaty, two and a half months after it was approved by the lower house. The motion was passed when 54 out of 79 senators present raised their hands for Lisbon ratification in Wednesday afternoon’s vote. It was effectively decided by members of the Civic Democratic Party, which had previously been opposed to Lisbon: twelve of the party’s senators voted in favour of its ratification.

    Author: Ian Willoughby
  • 05/06/2009

    The Czech president, Václav Klaus, now has to put his signature to ratification in order for it to come into effect. A group of euro-sceptic Civic Democrat senators have proposed sending the treaty to the Czech Constitutional Court; Mr Klaus said after Wednesday’s vote that if they do so, he will not put his signature to Lisbon until the court rules on whether the document is in line with the Czech constitution. A request last year from Civic Democrat senators for the court to consider the treaty put the matter on ice for some months and is one reason the Czech Republic is among the last states to deal with its ratification. President Klaus also said he would not sign ratification until Lisbon has been approved by Ireland. He reiterated his view that Ireland's no vote in a referendum last year rendered the treaty a dead document.

    Author: Ian Willoughby
  • 05/06/2009

    On the sidelines of an EU-Canada summit on Wednesday, Canadian Prime Minister Stephen Harper discussed the issue of Czech asylum seekers in his country with his Czech counterpart, Mirek Topolánek. The latter told reporters that Mr Harper had said the Czech Republic was beginning to breach one of the conditions under which Ottawa had granted Czechs visa free status, namely that the number of asylum applicants was getting too high. The Canadian leader said if there was no improvement in this respect, his country would have to react. In the first three months of this year over 650 Czech citizens, many of them from the country’s Romany minority, have applied for asylum in Canada. Ottawa dropped visa requirements for Czechs in 2007, a decade after introducing them following a wave of asylum seekers.

    Author: Ian Willoughby
  • 05/06/2009

    An EU-Canada summit was held in Prague on Wednesday as part of the Czech Republic’s presidency of the European Union. The summit saw the official launch of bilateral talks on free trade which would, among other things, allow for the lowering of tariffs and co-operation between the two sides on determining the origin of commodities. The EU and Canada could both gain EUR 20 billion a year from an agreement that should be completed by 2011. One point of contention ahead of the meeting was a European Parliament ban on Canadian seal products, though Canada’s trade minister, Stockwell Day, said the matter should not preclude agreement on a trade deal.

    Author: Ian Willoughby

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