Government to spend 234 million on property buy-out in northern Bohemian industrial zone

The Czech government has decided to free 234 million crowns (a little over 10 million US dollars) from the state budget to purchase over 93 hectares of land in an industrial zone close to the north-western town of Most. The owner of the land has sued the Czech state for granting the construction of an aluminium works in the zone. Speaking to journalists on Monday, Prime Minister Paroubek said the state hopes to buy the land in an out-of-court settlement.