President Klaus signs law on pensions for former presidents

Czech President Vaclav Klaus signed a law on Monday, guaranteeing all former presidents of the Czech Republic 100,000 Czech crowns a month. Up-to-date, the law only affects former president Vaclav Havel, who as of March this year, will be receiving a 50,000 crown pension and a further 50,000 crowns a month that is to be used for the operation of his office. Despite the cost of running his office totalling 150,000 crowns a month, Mr Havel welcomes the new law, his spokesman said on Monday.