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12/22/2009
A group of professional betters on the night from Monday to Tuesday won 500 million Czech crowns using a combination that according to them is unusual but not illegal. The group bet on a goal to fall in an NHL game, the odds of this happening were 2.7:1. The professionals placed low bets of only five Czech crowns but repeated the bet many times on the same ticket, so that the actual amount they bet for was much higher. Should the national gaming association decide that the system of betting the group used is legal, the gamblers could win 500 million Czech crowns.
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12/22/2009
The Czech anti-monopoly office has fined seven companies that are part of the Gas group RWE a total of half a million Czech crowns. The decision is based on mistakes that the companies made regarding public tenders for the construction of piping and its choice of gas line providers. The companies have the right to appeal the decision.
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12/22/2009
The famous Prague theater Semafor will launch a new website on the occasion of its 50th birthday. The website will inform visitors about the theater’s program, repertoire, actors, history and much more. Visitors to the website will also be able to buy prints, books and DVDs linked to the theater online.
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12/22/2009
The Hradec Králové regional court on Tuesday handed six former managers of the investment funds Trend and Mercia prison sentences of two to three years. The executives were charged with embezzling funds of over 1.4 million crowns. The case is considered one of the biggest embezzlement cases in the Czech Republic. This is the second time that the managers had to appear at court, after the Prague High Court cancelled its original verdict from last August. New proceedings started in October. One of the witnesses and original investors in the fund is the Czech Minister for Human Rights and Minorities Michael Kocáb
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12/22/2009
A total of 71 cases of adverse reactions to the swine flu vaccine have been reported to the Czech State Institute for Drug Control (SUKL). According to the institute, the causes of such reactions could be related to the vaccine, but also to other illnesses. Side effects of the swine flu vaccination include fever, fatigue and muscle and joints pains. Last week, two patients had to be hospitalized after getting the shot. Both suffered from chronic disease and their symptoms grew more severe after receiving the shot, but they were released after just a few days. So far, 38 people have died of swine flu in the Czech Republic.
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12/22/2009
Meteorologists have issued a warning of widespread icy roads across the Czech Republic in the next few days. The warning is effective from Tuesday until Christmas Day. The problem will occur because of precipitation, which is expected on Tuesday and Wednesday, hitting frozen ground. In Moravia, traffic conditions will be worsened by high wind expected to reach speeds of 55 to 90 km/h.
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12/21/2009
Canada has started issuing tourist visas at its embassy in Prague, in an effort to alleviate tension over the reintroduction of visas for Czech nationals in mid-July. Ottawa reintroduced visas over the high number of mainly Romany asylum seekers, and since there is no Canadian consulate in the Czech capital Czechs were forced to travel to Vienna for a visa. Czech officials have welcomed the move but said they would continue to push for the re-introduction of visa-free travel between the two countries. The Czech Republic blames Canada’s benevolent asylum system for the flow of refugees and as an EU member state has put pressure on Brussels to effect a reciprocal measure.
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12/21/2009
The cabinet on Monday unanimously approved a government strategy for Romany integration in the period between 2010 and 2013. The concept was put forward by the Minister for Human Rights and Minorities Michael Kocab and contains guidelines for local administration authorities. The main focus is on creating equal work and education opportunities for the Romany minority and preventing their ghettoization.
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12/21/2009
The government is reviewing the planned closure of the Czech embassy in Brazil and the Czech consulate in Sydney, Prime Minister Jan Fischer told journalists after Monday’s cabinet meeting. Mr. Fisher said the cabinet needed more time to assess the situation and weigh the options.
The government came under fire earlier this year after announcing plans to close down a number of embassies because of the recession. The embassies slated for closure are in Angola, Zimbabwe, Columbia, Canada and Brazil as well as the Czech consulate in Sydney, Australia. The planned move has evoked a wave of protests from people who would be inconvenienced by the decision and there has also been criticism from the foreign affairs committee in Parliament which said it had not been consulted on the matter.
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12/21/2009
International ratings agency Standard & Poor's on Monday affirmed the Czech Republic's foreign and local currency sovereign credit ratings and said the outlook for the Czech economy was stable. Standard & Poor's said the credit ratings on the Czech Republic are supported by the country's diversified and competitive economy, and moderate though rising government debt burden. The foreign currency rating was kept at A/A-1 and local currency at A+/A-1. The agency warned however that the Czech Republic's main credit problem was “the absence of a political consensus in favour of undertaking deeper fiscal reform” and said it could downgrade its ratings if public finances deteriorate.
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