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07/14/2014
The Czech Finance Ministry plans to issue bonds worth around 670 billion, of which over 192 billion would be used to cover the budget deficit for this and last year, according to a bill on a state bond programme published on the government's website, the Czech News Agency noted. The state budget deficit last year reached 81.3 billion. For this year it is planned to rise to 112 billion crowns. Under the bill, a total of 478.7 billion crowns from the bonds would be used to cover debts that will be due in 2015 and 2016. These include an issue of domestic bonds from 2005 and 2010, and a euro bond issue worth 300 million from 2009.
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07/14/2014
The 12th annual Masters of Rock festival, which wrapped up on Sunday in the Zlín region, saw 25,000 visitors this year – over 3,000 more than last, according to organisers. Over four days fans turned up to see bands including Dream Theater, Sabaton, Anthrax and Helloween. Also popular was a project entitled Rocksymphony performed by the Bohuslav Martinů Philharmonic Orchestra together with Czech rock star Marta Jandová.
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07/14/2014
Czech President Miloš Zeman has accepted an invitation to attend a meeting with other V4 heads-of-state in Warsaw next week, according to the president’s spokesman. The invitation was issued by Polish President Bronislaw Komorowski and the meeting will also be attended by Slovakia’s Andrej Kiska and Hungary’s János Áder. The V4 compromises of Poland, Hungary, the Czech Republic and Slovakia. Mr Zeman will reportedly use the opportunity to discuss efforts in the fight against international terrorism; also on the agenda will be preparations ahead of the NATO summit in Wales in September.
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07/14/2014
The Defence Ministry and Czech aircraft manufacturer Aero Vodochody have signed a contract on a brokered deal to sell the military’s unwanted L-159 fighter jets to the American firm Draken International. The deal will officially be announced later this week. The US company is buying 14 fighter jets at the cost of 220 to 250 million Czech crowns, with the option to purchase an additional 14. The Czech Republic, however, is also keeping the doors open for a possible sale of additional L-159s to Iraq. According to Defence Minister Martin Stropnický, the Iraqis are interested in up to 15 planes.
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07/14/2014
The Czech soldiers killed in a terrorist attack in Afghanistan last Tuesday will be buried with military honours, army chief of staff spokesperson Jana Ružičková told the ctk news agency on Monday. The army has also released the names of the four soldiers with their families’ consent. Another soldier who was badly wounded in the same attack has been transported to Prague. He remains in serious condition.
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07/14/2014
Coalition leaders are to meet on Monday to try and reach agreement on who should be the next Czech EU commissioner. Prime Minister Bohuslav Sobotka has said he wants the ruling coalition to agree on a single nominee whose name he will put forward in Brussels later in the week. The three party-coalition has been deadlocked on the issue for weeks now. The prime minister’s Social Democrats are backing the former finance minister Pavel Mertlík, the ANO party has nominated Regional Development Minister Věra Jourová, while the Christian Democrats now support a high placed Czech official in Brussels Petr Bližovský. It is not yet clear what portfolio the Czech commissioner will be given.
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07/13/2014
Sunday’s motorcycle race in Ostrava ended in tragedy after several drivers were caught up in a dangerous pileup on a closed track. The accident happened shortly after the race had started. One driver was killed and four others were injured, one of them seriously. The cause of the accident is not yet clear.
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07/13/2014
Czech Post wants to franchise around 200 of its small outlets within the next two years, the company’s general director Martin Elkan told Czech Television on Sunday. At present it has 49 such outlets. Czech Post has come under fire for wanting to close down dozens of small unprofitable outlets around the country. Its CEO said that this was no longer on the agenda but that the company had to find a compromise solution.
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07/13/2014
The ANO party of the ruling coalition has surged ahead in popularity ratings. According to a survey conducted by the polling agency Aisa the party would now get 31 percent voter support, as compared to the 18.6 percent it won in last year’s general elections. The Social Democrats, which won the elections with just over 20 percent of the vote, would now only get 16 percent, followed by the Communist Party with 11.5 percent and TOP 09 with 11 percent of the vote. The Civic Democrats would get 7 percent and the junior party in the ruling coalition would get 5.5 only just crossing the 5 percent threshold needed to win seats in the lower house.
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07/13/2014
Another Czech soldier has been injured during an attack on a nigh patrol at the Bagram military base in Afghanistan. The patrol came under fire from insurgents not far from the base which the Czech unit serving under ISAF is protecting. The injured soldier underwent surgery at a US military hospital in Bagram. He is reported to be in stable condition. On Tuesday this week four Czech soldiers were killed and another was seriously injured in a terrorist attack near the Bagram military base.
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