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10/26/2008
Train services between Prague’s Masarykovo nádraží and Vysočany station were disrupted on Saturday, after important telecommunications cables between the two stations were stolen. A normal service was expected to resume on Sunday, a spokesperson said. The cable is thought to have been stolen to be sold as scrap metal. In September, trains into and out of Prague’s main station Hlavní nádraží were severely disrupted when thieves stole communications cable there twice in one week.
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10/26/2008
The biggest carmaker in this country, Škoda Auto has stopped production in its Mladá Boleslav factory for a week. The machines were switched off on Friday at 22:00 CET and employees were given a week off work. The carmaker has said that in light of the financial crisis and low demand for new cars, it has been forced to take this step. Škoda Auto employs 27,500 people in the Czech Republic, 22,000 of them in Mladá Boleslav.
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10/26/2008
The Czech Republic has slipped down the World Bank’s Doing Business rankings for 2009. Last year, the Czech Republic ranked 65th in the list of 181 countries, this year it has fallen to 75th place. Above the Czechs rank countries such as Slovakia, Turkey, Kazakhstan and Georgia. The list was compiled based on research conducted between June 2007 and June 2008. The Czech Republic ranked particularly badly when it came to the ‘paying taxes’ section of the survey. The study found that filling out various taxation documents took businesses in the Czech Republic 930 hours a year.
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10/26/2008
The mosque in the Czech Republic’s second city, Brno has been vandalized with anti-Islamic slogans, the police said on Sunday. The police are investigating and have said that the perpetrator could face up to one year in prison. The Brno mosque is the oldest in the Czech Republic, and has been vandalized on several previous occasions.
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10/25/2008
Voting has ended in the second round of Senate elections. An estimated 28 percent of eligible voters turned out to elect 27 of the country’s 81 senators.
With all of the votes counted, the opposition Social Democrats have emerged as the biggest winners. Twenty-three Social Democrat Senators have been elected to the Senate, with the governing Civic Democrats winning in three constituencies and the Communist Party in one.
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10/25/2008
The leader of the Social Democrats, Jiří Paroubek, called the result a ‘brilliant victory’ for his party, which had outstripped his expectations. Mr Paroubek said that he had hoped his party would win in 16 constituencies, but in the end, the result was better than he could have imagined. The leader of the Social Democrats said the victory could open the door to early elections, which he predicted could be held next year.
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10/25/2008
Meanwhile, the head of the Civic Democrats, Prime Minister Mirek Topolánek, has said he will need to consider whether to stand for reelection at the party congress in December. Following the results, which slash the Civic Democrats’ majority in the Senate, Mr Topolánek called for a time of reflection within the party. One of Mr Topolánek’s biggest rivals within the Civic Democrats, Prague Mayor Pavel Bém, has urged for his party to call an extraordinary congress earlier than December
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10/25/2008
The Christian Democrats, who are currently a member of the government coalition, have failed to win a single seat in the Senate - all three of their candidates lost out in the second round to the Social Democrats. This means that the party now has only seven representatives left in the Senate – the lowest number in the party’s history. The head of the Christian Democrats’ senators’ club called for the head of the party, Jiří Čunek, to resign in response to the result.
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10/25/2008
In light of the Social Democrats recent election success, the head of the party, Jiří Paroubek, has asked his predecessor Miloš Zeman once again to rejoin the country’s largest opposition party. Mr Paroubek purportedly wants Mr Zeman to share in the Social Democrats recent regional and Senate election victories, and is asking the former prime minister in return to lure two rebel Social Democrat MPs back into the fold. For his part, Mr Zeman said on Saturday that he would be interested in rejoining the party, but only on certain conditions. Mr Paroubek has responded that Mr Zeman is in no position to be setting conditions for reentry into the party. Mr Zeman remains a strong influence within the Social Democratic Party despite no longer ranking directly amongst its politicians.
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10/25/2008
Czech president Václav Klaus has called the American government’s reaction to the current global financial crisis ‘populist and ineffective’. In an interview with the news website aktualne.cz, Mr Klaus also criticized central banks’ and European leaders’ handling of the crisis. The Czech president accused world leaders of ‘failing to see the signs’ pointing towards a looming financial crisis, so immersed were they in the battle against climate change. Mr Klaus says that far from increasing regulation within the banking sector, leaders should now be doing away with the ‘old and bad’ regulations which, he said, lead to the crisis. Mr Klaus, himself an economist, said that he thought the current financial crisis would not end up on the scale of the turmoil felt after WWII, but encouraged ‘Thatcherite’ reforms so as to avert any further crises.
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