Paroubek: compensation to Nomura could be nominal amount

Speaking on a TV debate programme on Sunday, Prime Minister Paroubek also said the Czech Republic may just have to pay token compensation to Japan's Nomura bank. An international arbitration court ruled that the Czech state had failed to protect Nomura's investment in the Czech bank IPB, and it is now seeking over one and a half billion US dollars in compensation. The actual amount Nomura will receive is to be set by a second arbitration hearing.