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06/05/2006
Deputy Prime Minister and Minister of Justice Pavel Nemec has resigned as chairman of the Freedom Union Party after its poor showing in the elections. The Freedom Union Party failed to cross the five percent threshold required to enter the lower house. Prior to the elections, the Freedom Union had ten MPs in the lower house, and three of its members held ministerial posts. However, the recent general elections saw the Freedom Union win a mere 0.3% of votes, despite a campaign strategy that supported the legalization of marihuana, same-sex marriage, and euthanasia. Freedom Union Deputy Chairman, Frantisek Pelc, and Minister of Defence, Karel Kuhnl, have also resigned their posts. Martin Stransky will take over temporary chairmanship of the Freedom Union Party.
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06/05/2006
In the wake of the country's general election the Czech crown weakened by 15 hellers after trading began on Monday morning to 28.33 crowns to the Euro. The currency also weakened slightly against the dollar, to 21.87 crowns to the dollar. Analysts had predicted the development.
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06/05/2006
According to the President of the Czech Association for Industry and Trade, Jaroslav Mil, the unclear outcome of the elections could have an impact on the flow of money from European Union Structural Funds. While the orientation of the new Czech government will not affect the flow of EU funds, the government will have to approve operational programs for structural funds projects in time to present them to the European Commission in September. The EU is due to release 100 billion crowns per year in structural funds to the Czech Republic in its next fiscal term which runs between 2007 and 2013.
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06/05/2006
Forty-five Czech soldiers—two of them women--from the 72nd mechanical battalion have left for a six-month mission in Bosnia Herzegovina. They will provide security services as part of the European Union's peacekeeping operations in the region. This is the first time that soldiers from the 72nd mechanical battalion are serving as part of an international mission. Another twenty soldiers are due to join the group in mid-June. Twenty-two European countries participate in EUFOR missions, and the Czech Republic joined this international team in July 2004.
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06/05/2006
The Czech national airline carrier, CSA, has announced a loss of 496 million crowns ($22.6 million USD) for 2005. This loss comes after a successful year in 2004, when the company registered a profit of 324 million crowns ($14.7 million USD). CSA says that shift comes as a result of record-high fuel prices and intense airline market competition. CSA President, Radomir Lasak, says that he is not expecting 2006 to be a profitable year either.
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06/05/2006
President Vaclav Klaus has approved a new law that allows those caught dumping illegal waste in the Czech Republic to be fined up to 50 million crowns. Until now, the penalty was set at a maximum of 10 million crowns. In recent months, thousands of tonnes of illegal waste originating from Germany found its way across the border into the Czech Republic. The problem of illegal waste dumping also became part of the Czech election campaign, with members of the German Green Party supporting their Czech colleagues in efforts to draw attention to these environmental hazards.
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06/05/2006
One of the Czech Republic's most wealthy businessmen, Tomas Pitr, will serve five years in jail for financial crimes he committed twelve years ago. A Prague high court rendered the appeal verdict on Monday, reducing Pitr's original sentence by three and a half years. Pitr was found guilty of tax fraud that cost the state about 23.5 million crowns ($1.07 million USD).
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06/05/2006
Seventeen year old Czech tennis star Nicole Vaidisova has defeated world number-one ranked Amelie Mauresmo, and earned a place in the quarterfinals at the French Open. Vaidisova won her match against the French favourite in just over two hours of play, 6:7 (5:7), 6:1, 6:2. It is the first time that Nicole Vaidisova has reached the quarterfinals in a grand slam tournament. Vaidisova will now face American Venus Williams at Roland Garros on Tuesday.
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06/04/2006
The weekend's general election has ended in deadlock with the right-of-centre opposition Civic Democrats winning the largest share of the vote but with no clear prospect of forming a majority government. With over 35 percent of the vote, the party came just three percent ahead of the ruling Social Democrats. Three other parties got into parliament: the Communists, the Christian Democrats and the Green Party. The official results gave the Civic Democrats 81 parliamentary seats, the Social Democrats 74, the Communists 26, the Christian Democrats 13 and the Greens 6 seats in the 200-seat chamber.
This gives the Civic Democrats and their two smaller centrist allies, the Christian Democrats and the Greens exactly half of seats, with the rest going to the ruling Social Democrats and the Communists.
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06/04/2006
Voter turnout has been calculated at just under 65 percent, some 6 percent more than in the previous general election in 2002. The leader of the winning party, the Civic Democrats, Mirek Topolanek, welcomed the strong turnout:
"Sixty-five percent is more than in the last elections four years ago and I think voters understood that it is necessary to take part in these elections and to decide about our direction after the elections."
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