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09/28/2007
A South African court is holding an extradition hearing in the case of fugitive Czech businessman Radovan Krejcir who is wanted by the Czech authorities for extensive fraud, tax evasion and conspiracy to murder. The court on Thursday rejected a request to postpone the hearing for a fourth time. Krejcir was arrested at Johannesburg International Airport when he tried to enter the country on a false passport. He has acquired property in South Africa and is hoping to start a new life there with his family.
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09/28/2007
Prime Minister Mirek Topolanek was asked to explain the purchase of a second hand Volvo by his current partner Lucie Talmanova during Thursday's question and answer session in the lower house. The opposition Social Democrats say that the deal seems suspicious since the car was bought from a businesswoman who had ties with the J and T Bank, which is interested in buying shares in CEZ that the government is planning to sell. The businesswoman in question is reportedly a friend of Lucie Talmanova and had recently received an 8 million crown loan from J and T Bank to open a luxury boutique in the centre of Prague. The prime minister said that the transaction had been above board and there was no conflict of interests.
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09/28/2007
The lower house of Parliament has approved an amendment to the bankruptcy law aimed at giving creditors greater protection and speeding up bankruptcy proceedings. The amendment will bring the law in line with EU norms and regulations. It has yet to be approved by the Senate and signed by the president.
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09/28/2007
Former Czech president and playwright Vaclav Havel will guest-edit next Friday's edition of the economic daily Hospodarske Noviny, the newspaper reported. Mr. Havel has already chosen his themes for the edition, editor-in-chief Petr Simunek said. Simunek said the daily had also asked the current Czech president, Vaclav Klaus, Havel's longtime political rival, to be editor for a day. The idea is to give readers an insight into the opinions of Czech decision makers. The daily is following the example of British newspaper The Independent which invited U2 singer Bono to be guest editor last year.
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09/28/2007
Four young people were killed and two others badly injured when their car skidded on a wet road near the town of Olomouc in the early hours of Friday morning. The police say that the accident was most likely caused by heavy rain and poor visibility but they have not ruled out drink-driving. It appears that the young people were returning home from a party and it is not even clear who was driving at the time of the accident. The two survivors are said to be in a coma.
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09/28/2007
The Czech crown ended the four-day week stronger to both the euro and the US dollar, following other currencies in the region, the Patria Online server said. The crown traded at Kc27.58 per euro and Kc19.50 to the US dollar.
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09/27/2007
A district court in Prague ruled on Thursday that St. Vitus' Cathedral should remain the property of the state. The cathedral in the grounds of Prague Castle has been the subject of a long-running ownership dispute between the Czech state and the Catholic Church. A previous ruling had declared the church to be the owner of the well-known monument, but this was subsequently overturned by the Supreme Court earlier this year.
St. Vitus' Cathedral, which dates back to the 14th century, was declared state property by the communist regime in the 1950s when the area around Prague Castle was made into a special heritage zone. The Catholic Church has been trying to have the building returned to it since filing a lawsuit claiming ownership in 1992. The latest verdict will not come into effect just yet as the church still has leave to appeal.
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09/27/2007
The president of the Czech Republic, Vaclav Klaus, has backed the country's bid to become a non-permanent member of the UN Security Council in 2008. Speaking at a UN general meeting in New York on Wednesday, Mr Klaus described the Czech Republic as "a reliable, mainstream and stable" country which was very actively involved in various UN missions. The president also alluded to the harmonious split of Czechoslovakia in 1993 as proof of the Czechs' commitment to finding non-violent solutions to conflicts. The Czech Republic is expected to compete with Croatia for a two-year stint on the council once current incumbent Slovakia's mandate expires at the end of this year. The vote is due to be held on October 16.
Speaking at the same meeting, Mr Klaus said he was also in favour of modernising the UN but warned against any measures that would increase the organisation's ability to act and intervene in conflicts and disputes at the expense of what he called a "plurality of opinions".
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09/27/2007
Czech Prime Minister Mirek Topolanek has denied speculation that the government is soon going to privatise the state-owned Budvar brewery in Ceske Budejovice. Speaking in parliament on Thursday Mr Topolanek said that the government intended to transform the beer maker into a joint-stock company, but that there were no plans to sell it off just yet. The Prime Minister also denied reports that it was in discussions with American brewing giant Anheuser Busch over the sale of Budvar.
Budvar is the third largest brewery in the Czech Republic and it is one of the country's biggest exporters of beer, distributing the drink to over 50 countries. It has been involved in a number of trademark disputes with the American Anheuser-Busch brewery in various states over the use of the Budweiser brand, a name Budvar also uses for some of its products.
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09/27/2007
A group of physicists from leading American colleges such as the Massachusetts Institute of Technology and Cornell University told journalists in Washington on Thursday that a proposed US missile defence system in Central Europe could be used to disable ballistic missiles launched from Russia. The claims contradict assertions from the US Missile Defence Agency that the system could only be used against missiles fired against so-called rogue states such as Iran.
The proposed US project, comprising a missile facility in Poland and a radar base in the Czech Republic, has been opposed by Russia who views it as a threat to its security.
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