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03/27/2009
Czech Foreign Minister Karel Schwarzenberg has said that sharp words by outgoing Czech Prime Minister Mirek Topolánek in Strasbourg this week - criticising steps taken by the Obama administration to tackle the economic crisis - were not intended against the US. Mr Schwarzenberg made the statement on Friday at an informal meeting of EU foreign ministers, stressing the prime minister’s speech was part of a debate within the European Union. This week the Czech prime minister made world headlines a day after his government was ousted, when he characterised the current course of action by the US as “the way to hell”. In Strasbourg, he fiercely criticised huge cash injections as a repeat of mistakes made in the 1930s. He later stood by his statement but joked that his choice of words may have been influenced by the famous rock group AC/DC. The band recently performed in the Czech Republic.
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03/27/2009
The lower house has passed a bill on compensation for Czechs from Subcarpathian Rus, part of Ukraine, for property they lost during World War II. The bill still has to be passed by the Senate and signed by the president before coming into effect. Subcarpathian Rus was part of Czechoslovakia between 1918-1938. Czechs there lost property in 1938-1939, when Hungary annexed the territory, and in 1945 when it was annexed by the Soviet Union.
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03/27/2009
The Senate has rejected an amendment requiring medicines containing pseudoefedrin to be sold by prescription - an attempt to curb abuse of the substance in the production of the illegal street drug pervetine. The Senate returned the legislation to the lower house with modifications. The original amendment, put forward by the health minister, required customers to provide ID for such medicines, but an opposition MP pushed through the change that such drugs would only be available though prescription. The proposal was welcomed by Czech pharmacists, who say it would effectively block mass purchases for illegal production. But it was opposed by the health minister who contended that prescriptions would overly complicate matters for patients.
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03/27/2009
Czech forwards Radek Bonk and Martin Erat shined on Thursday in their team’s match against the second-place San Jose Sharks. Their team, Nashville, was down 2-0 at the start of the 2nd period, but Erat and Bonk combined for two of three flash goals, which turned the game around in less than three minutes. Nashville went on to win the game by a score of 3-2. Nashville has now moved up to eighth place in the western division – with eight games remaining.
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03/26/2009
Czech President Václav Klaus accepted the resignation of Prime Minister Mirek Topolánek’s cabinet on Thursday saying that what was now important was for a new government to be formed as soon as possible. The president said that he would entrust the running of the country to whoever was able to garner more than 101 votes in the Lower House of the Czech Parliament. Mr Klaus said that he was against the idea of snap elections or a caretaker government in light of the current financial crisis and the Czech Republic’s EU presidency. He stressed that he would meet the leader of the opposition Social Democrats, Jiří Paroubek, and Christian Democrats, Jiří Čunek on Friday. Mr Topolánek agreed that time was of the essence in forming a new government. President Klaus said that no new government should be founded on the votes of rebel MPs. It was four rebel MPs who voted with the opposition on Tuesday to topple the government coalition.
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03/26/2009
In an interview on Czech Television late Wednesday, Prime Minister Mirek Topolánek accused President Václav Klaus of being responsible for the government’s downfall. He said Mr Klaus wanted to block ratification of the EU’s reforming Lisbon Treaty and prevent a successful Czech EU presidency. The president had been working to undermine the government with Prague mayor Pável Bem and Civic Democrat rebel Vlastimil Tlustý, he added.
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03/26/2009
Leader of the Green Party Martin Bursík also said that he believed President Václav Klaus was instrumental in the fall of Prime Minister Mirek Topolánek’s government. The Green Party was the smallest party in the government coalition which formally handed in its resignation on Thursday. Environment Minister Martin Bursík commended Mirek Topolánek for speaking out against the Czech president, saying that only now were members of the Civic Democrats starting to realize that Mr Klaus, the party’s founder, had betrayed them. Mr Bursík reacted angrily to suggestions that he would be looking to negotiate the formation of a new government with the Czech president.
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03/26/2009
Meanwhile, the White House has responded to Czech Prime Minister Mirek Topolánek’s comments that current US economic policy is paving ‘the way to hell’ by remarking upon Mr Topolánek’s own domestic political problems. Speaking in his capacity as head of the European Union on Wednesday, Mr Topolánek said he believed the White House was ‘not on the right path’ when it came to bolstering the global economy. Later that evening, a spokesperson for the White House insisted that the US president Barack Obama was ‘doing all he could’ to restore confidence in the economy and that Mr Topolánek’s words should be taken in the context of his own domestic problems. The aide added that despite the current political uncertainty in the Czech Republic, US president Barack Obama would be visiting Prague as planned on April 4-5.
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03/26/2009
In related news, British Foreign Secretary David Miliband has said that it is crucial that the Czech government fulfils its role as chief representative of the European Union at the upcoming G20 Summit in London. Mr Miliband said it was important that, despite the current political upheaval in the Czech Republic, Mr Topolánek’s government fulfilled its mandate at next month’s G20 Summit. The summit of leaders from the world’s largest and fastest developing economies is seen as an occasion for leaders to devise a common strategy to overcome the current global financial crisis.
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03/26/2009
The Czech National Bank left interest rates unchanged at 1.75 percent as predicted on Thursday. The Czech crown fell to around 27.43CZK to the euro and 20.21CZK to the dollar in light of investors’ uncertainty following the vote of no-confidence in the government. According to analysts the crown remained ‘volatile’ in the current financial climate and with Mirek Topolánek’s government handing in its resignation. The Prague Bourse however ended the day up 0.5 percent with the main PX Index climbing to 810.7 points.
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