• 08/07/2008

    The Czech National Bank has moved to cut its key short-term interest rate by a quarter of a point, to 3.50 percent, a bank spokeswoman said. The bank’s board decided to cut its refinancing rate for 15-day operations to 3.50 percent, the discount rate to 2.50 percent and the Lombard rate to 4.50 percent. It was the first cut in the bank's key rate since April 2005. Experts say the reduction was motivated by the strong crown.

  • 08/07/2008

    Czech military pilots who are to operate in Afghanistan next year, will undergo special training in the French Pyrenees in September, a Defence Ministry spokesperson told the CTK news agency. In recent weeks there has been speculation that the pilots do not feel well prepared for the mission and that they are concerned about insufficiently upgraded helicopters. According to the Defence Ministry the helicopters should be upgraded by the end of this year. Afterwards, the soldiers will have a few months to test them in mountainous terrain. They should be ready to go on their mission in the second half of 2009, if it is approved by the government and Parliament.

  • 08/07/2008

    A seven-year-old girl from Ostrava, in Moravia, has died after eating a meal of poisonous mushrooms. A hospital spokesperson said the child had been brought in suffering from severe stomach pains and that despite intensive treatment doctors had been unable to save her life. Mushroom picking is a popular summer pastime in the Czech Republic and millions of Czechs pick wild mushrooms in the forest rather than shopping for them in the supermarket. Despite repeated warnings of the dangers, several people die of mushroom poisoning every year.

  • 08/07/2008

    Police have arrested two British nationals wanted for a two-million-pound real-estate swindle in their home country. The two men had bought property in the Czech Republic where they intended to settle down for a time. Both will be extradited to Britain.

  • 08/07/2008

    Officers in Prague have collected 300,000 crowns in fines for alcohol consumption in public places where drinking is now off-limits. An alcohol ban was introduced in several parts of the city centre at the beginning of July of this year within the City Hall’s drive to make Prague a cleaner and safer city for both locals and tourists.

  • 08/06/2008

    Members of Prague’s Town Council have voted to approve the abolition of Prague’s Masaryk train station located in the centre of Prague. Trains will be diverted in the future to the city’s Main Station or Hlavní Nádraží, while plans are afoot to possibly convert the site into a shopping centre, with assurances that the shell of the historic station will be preserved. However, the plans remain controversial - a recent online poll conducted by the newspaper Právo found that almost 84 percent of respondents want the site to remain as a train station. The company ING Real Estate Development has been awarded a contract to alter the site. Meanwhile, other stations are also expecting major renovations – work at the city’s Main Station is already underway.

    Author: Dominik Jůn
  • 08/06/2008

    Despite recent storms in some parts of the country, scientists are warning of dangerously low groundwater levels across the country. River levels are falling and wells are drying up, according to the Czech Hydrological Institute. New figures presented by the institute suggest that water levels are at anywhere between 60 to 20 percent of normal levels, with smaller streams faring worst. River systems, such as the Berounka, Litavka and Sázava are believed to be in the worst condition with significantly reduced water flows. In some places, once deep rivers can now be crossed on foot, warns the Institute. Changing weather patterns are believed to be the cause of the problem, with short bursts of rain insufficient to replenish water levels. Mild winters are also believed to have played a role. According to scientists, the country would need a prolonged period of around 3cm per day precipitation in order for water levels to begin to recover.

    Author: Dominik Jůn
  • 08/06/2008

    The August 1968 invasion of Czechoslovakia by Warsaw Pact troops led to 108 deaths and around 500 serious injuries according to newly updated statistics from the Czech Institute for the Study of Totalitarian Regimes. The youngest victim was a two-year-old Slovak boy who was run over by a Soviet armoured vehicle; the oldest victim was an 82-year-old Czech woman. The Institute is charged with studying the crimes and general history of both the Nazi and Soviet occupations of Czechoslovakia. The new findings are helping to shed light on one of the darkest chapters in Czech history. According to the new data, the greatest number of people died when Warsaw Pact troops attacked an unarmed crowd in front of the Czech Radio building in the centre of Prague – some were shot, others were run over by invading tanks. The new detailed findings will help the relatives of victims to secure financial compensation totalling up to 150,000 crowns thanks to legislation passed in 2005.

    Author: Dominik Jůn
  • 08/06/2008

    New figures from the Czech Transport Ministry suggest that since the new points system was introduced for drivers in 2006 10,754 people have lost their licenses. Prior to the points system, drivers were able to pay fines for traffic violations, leading to criticism that drivers, particularly wealthy ones could essentially escape responsibility for reckless driving. The Czech government changed the rules in order to battle high numbers of traffic accidents in the country. The new figures also detail that 575, 731 drivers were given penalty points – there are currently an estimated 6.3 million driving license holders in the country according to the Transport Ministry. These numbers indicate that around 15 percent of drivers do not have so-called “clean licences” a number three percent lower than in Germany. Further evidence that the points system appears to be working is that fatalities on Czech roads have fallen by around ten percent from the previous year.

    Author: Dominik Jůn
  • 08/06/2008

    The Serbian ambassador to the Czech Republic Vladimir Vereš returned to the country Wednesday after a three month absence. The ambassador was recalled to Belgrade in protest at Czech recognition of the independent state of Kosovo. Since July, Serbia has had a new pro-European government which is seeking to improve ties with the EU. Kosovo has so far been recognised by around 40 countries and was recognised by the Czech Republic on 21 May 2008.

    Author: Dominik Jůn

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