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05/21/2008
The number of Czechs traveling to the United Kingdom in order to find work is falling, suggest statistics released by the British Home Office on Tuesday. In 2007, the number of Czechs to register at the Czech Embassy in London totaled 7,380, down from nearly 8,400 the previous year. At its peak, in 2005, over 10,000 Czechs traveled to Britain in search of employment. Unofficial estimates from the British employment register suggest that around 35,000 Czechs are currently living and working in the British Isles. It is thought that many are returning back to their homeland because of the strengthening of the Czech crown against the British pound, and the rise in living standards in the Czech Republic.
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05/21/2008
An Australian court has ruled that six-year-old Tereza Vichnarová, who was kidnapped and flown to Australia by her father, should be returned to her mother’s care. Tereza disappeared at Easter during a long weekend with her father and was flown out of Europe before her mother reported her failure to return home. As Tereza’s father did not break Australian law through his actions, the Czech authorites were helpless, but the girl’s mother flew to Australia and fought a legal battle to have Tereza returned to her care. Mother and daughter are expected to return to the Czech Republic in the next few days.
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05/21/2008
The number of individuals under investigation for corruption in a case involving a manipulated tender at the Czech Defence Ministry has grown to 35, reported Mladá fronta Dnes on Wednesday. The accused allegedly attempted to influence the outcome of a tender for the operation of military and construction offices in the town of Litoměřice, North Bohemia in a deal worth hundred of millions of crowns. It is alleged that construction firms built redundant facilities for the Czech army with the approval of Defence Ministry employees. The investigation continues, those found guilty could face up to 15 years in prison.
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05/21/2008
Shareholders in the Czech energy giant ČEZ decided at a general meeting on Wednesday to buy back up to ten percent of the company’s share capital. Management of Central Europe’s largest electricity producer proposed to buy back up to 53.8 million shares in the next 18 months at prices ranging from 300 CZK (18.8 USD) to 2,000 CZK (126 USD) apiece. It was also decided at the meeting that the firm would pay a record dividend of 40 CZK (2.5 USD) per share before taxes from last year’s record profits. It is thought the Czech state will receive around 15.2 billion CZK (955 million USD) from the payout.
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05/21/2008
In more business news, Finance Minister Miroslav Kalousek has said that the government is not prepared to sell Prague airport for less than 100 billion CZK (6.3 billion USD). In an interview with the free daily newspaper E15, Mr Kalousek said that he would strongly recommend the government not to sell the airport to anyone offering under that price. But analysts have said that the sum is about the maximum price that the facility could possibly be sold for. Prague airport is the largest of the companies the government is hoping to privatise by the year 2010. The Finance Ministry’s financial advisors, Credit Suisse, have recommended the government sell the airport directly and to one investor.
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05/21/2008
An artist who replaced the pictures of the red and green men at over 50 sets of traffic lights was found guilty of vandalism on Wednesday and fined 60,000 CZK (3,770 USD). David Brudňák replaced the traditional images of red and green men with pictures of women in skirts, hangmen and men urinating. The Prague 7 court which ruled on the verdict also ordered Mr Brudňák to pay the city council nearly 82,000 CZK (5,150 USD) in damages. Mr Brudňák is thought to work under the pseudonym of Roman Týc, he is also thought to be a member of the controversial Ztohoven group of artists, who made the headlines last June when they hijacked a Czech Television show to display images of a nuclear bomb blast.
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05/21/2008
Almost 900,000 tourists visited Prague in the first three months of this year, said the Czech Statistical Office on Wednesday. Visitor numbers are up eight percent on those recorded in the same period last year. The number of overnight stays in the capital grew by 6.8 percent in the first quarter. The average duration of visitors’ stays was 2.7 days. The highest number of tourists came from Germany, the United Kingdom and Russia.
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05/20/2008
The ruling Civic Democratic Party has failed to convince three party rebels to support a controversial bill on the restitution of church property, which has caused friction in the governing coalition. Under the government-proposed bill, the state would compensate churches for property confiscated by the communists to the tune of 83 billion crowns. However steep interest rates on the phased-off, 60-year-payments would bring the final sum to 270 billion crowns, which not only the opposition parties but three Civic Democrat deputies consider excessively generous. After the three Civic Democrat rebels blocked the bill’s passage in the lower house a few weeks ago debate on it was postponed until June. The Christian Democrats of the governing coalition have indicated that failure to push through the bill could seriously undermine the stability of the coalition government.
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05/20/2008
Cardinal Miloslav Vlk who was hospitalized with heart problems and a state of exhaustion earlier this month is said to be on the mend. A spokesman for the Prague Archbishopric told the press that the cardinal was feeling better and would shortly be moved to a spa to fully regain his strength. The cardinal was actively involved in talks on the proposed bill on church restitutions as well as a protracted court dispute over the ownership of St. Vitus’ Cathedral in Prague.
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05/20/2008
Trade unions have called a one-day strike on June 24, in protest against the government’s reforms. The Bohemian and Moravian Trade Union Confederation, an umbrella organization comprising some 540,000 members, has been on a strike alert since March and says there is clearly no will on the part of government representatives to deal with the problems outlined. Trade unions are particularly critical of effected reforms in the education and health sectors as well as the government’s plan to postpone the retirement age in the Czech Republic to 65.
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