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Edition: 25 June 2021

Prague Monitor / Czech News in English

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Prague Monitor / Czech News in English
Quickshot News: 25.6.2021
Artificial intelligence as the future of (not only Czech) healthcare
PPF lifts stake in O2 Czech Republic to above 90%, plans de-listing
New cheese plant for Madeta in Czech Republic
Semiconductor Shortage Forces Škoda Auto to Downsize Operations
Vojtěch Jasný’s film The Cassandra Cat returns to Cannes in digitally restored version
Czech airline sues Boeing over losses related to 737 MAX
Quickshot News: 24.6.2021
Rudolfinum marks 145th anniversary of foundation
UPDATE 1-CEE MARKETS-Crown firms on Czech rate hike, hawkish outlook

Quickshot News: 25.6.2021

On: June 24, 2021
In: Breakfast Brief, Featured, News, News Wrap

Artificial intelligence as the future of (not only Czech) healthcare

On: June 24, 2021
In: Artificial Intelligence (AI), BORN DIGITAL, Featured, Tech

PPF lifts stake in O2 Czech Republic to above 90%, plans de-listing

On: June 24, 2021
In: Business, Featured, Finance

New cheese plant for Madeta in Czech Republic

On: June 24, 2021
In: Business, Featured

Semiconductor Shortage Forces Škoda Auto to Downsize Operations

On: June 24, 2021
In: BORN DIGITAL, Business, Featured, Tech

Vojtěch Jasný’s film The Cassandra Cat returns to Cannes in digitally restored version

On: June 24, 2021
In: Cinema, Featured

Czech airline sues Boeing over losses related to 737 MAX

By: Prague Monitor Editors
On: June 24, 2021
In: Featured, National, Travel

Quickshot News: 24.6.2021

By: Prague Monitor Editors
On: June 23, 2021
In: Breakfast Brief, Featured, News, News Wrap

Rudolfinum marks 145th anniversary of foundation

By: Radio Prague
On: June 23, 2021
In: Featured, Prague

UPDATE 1-CEE MARKETS-Crown firms on Czech rate hike, hawkish outlook

By: Reuters
On: June 23, 2021
In: Business, Featured, Finance
View All

Business

PPF lifts stake in O2 Czech Republic to above 90%, plans de-listing

By: Reuters
On: June 24, 2021
In: Business, Featured, Finance

New cheese plant for Madeta in Czech Republic

By: Prague Monitor Editors
On: June 24, 2021
In: Business, Featured

Semiconductor Shortage Forces Škoda Auto to Downsize Operations

By: Alex Richardson
On: June 24, 2021
In: BORN DIGITAL, Business, Featured, Tech

UPDATE 1-CEE MARKETS-Crown firms on Czech rate hike, hawkish outlook

By: Reuters
On: June 23, 2021
In: Business, Featured, Finance

ČEZ begins ‘security assessment’ of Dukovany bidders

By: Prague Monitor Editors
On: June 22, 2021
In: Business, Featured

Billionaire Kellner’s Heirs Face Showdown in Bank Takeover Plan

By: Bloomberg
On: June 22, 2021
In: Featured, Finance

Czech O2 partners with Discovery

By: Prague Monitor Editors
On: June 21, 2021
In: Business, Featured, Life

Savings and Homeownership Skyrockets After COVID Lockdowns

By: Alex Richardson
On: June 21, 2021
In: Featured, Finance
View All

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Life

Vojtěch Jasný’s film The Cassandra Cat returns to Cannes in digitally restored version

On: June 24, 2021
In: Cinema, Featured

Czech airline sues Boeing over losses related to 737 MAX

On: June 24, 2021
In: Featured, National, Travel

Foreign travel advice

On: June 23, 2021
In: Featured, Travel
View All

CINEMA

Vojtěch Jasný’s film The Cassandra Cat returns to Cannes in digitally restored version

By: Radio Prague
On: June 24, 2021
In: Cinema, Featured

Pavel Strnad: Czech directors could benefit from looking outward more

By: Radio Prague
On: June 14, 2021
In: Cinema, Featured

New documentary offers “a look inside the minds of Czech drivers”

By: Radio Prague
On: June 9, 2021
In: Cinema, Featured, Life

A Bagful of Fleas, 1962

By: Lee Adams
On: May 24, 2021
In: Cinema, Featured, Life, Prague Monitor

Bikers, 2017

By: Lee Adams
On: May 18, 2021
In: Cinema, Featured
View All

Finance

PPF lifts stake in O2 Czech Republic to above 90%, plans de-listing

By: Reuters
On: June 24, 2021
In: Business, Featured, Finance

UPDATE 1-CEE MARKETS-Crown firms on Czech rate hike, hawkish outlook

By: Reuters
On: June 23, 2021
In: Business, Featured, Finance

Billionaire Kellner’s Heirs Face Showdown in Bank Takeover Plan

By: Bloomberg
On: June 22, 2021
In: Featured, Finance
View All

Sport

Euro 2020: What England need to change against Czech Republic – Alan Shearer

On: June 20, 2021
In: Featured, Sport

Scotland’s David Marshall becomes an instant meme after attempting to save stunning Czech goal

By: Independent
On: June 15, 2021
In: Featured, Sport

Schick’s halfway-line hit helps Czech Republic spoil Scotland’s party

By: The Guardian
On: June 14, 2021
In: Featured, Sport

Czech Senate Calls For Diplomatic Boycott Of Beijing Winter Olympics

By: brnodaily
On: June 13, 2021
In: Featured, Politics, Sport
View All

In Short

  • Quickshot News: 25.6.2021 June 24, 2021
  • Artificial intelligence as the future of (not only Czech) healthcare June 24, 2021
  • PPF lifts stake in O2 Czech Republic to above 90%, plans de-listing June 24, 2021
  • New cheese plant for Madeta in Czech Republic June 24, 2021
  • Semiconductor Shortage Forces Škoda Auto to Downsize Operations June 24, 2021
  • Vojtěch Jasný’s film The Cassandra Cat returns to Cannes in digitally restored version June 24, 2021
  • Czech airline sues Boeing over losses related to 737 MAX June 24, 2021
  • Quickshot News: 24.6.2021 June 23, 2021

Join our Networks

Prague

Rudolfinum marks 145th anniversary of foundation

By: Radio Prague
On: June 23, 2021

Covid lifted Prague’s hangover. Now the city wants to quit partying

By: CNN
On: June 15, 2021
In: Featured, Life, Prague
View All

Opinion

Krušnohoří: land of Czech miners

On: January 27, 2021
In: Featured, Life, National, Opinion, Prague

Czech Film Review: Once Upon a Time in Paradise (Tenkrát v ráji)

On: January 20, 2021
In: Arts, Featured, Life, Opinion
Tagged: art, culture, Czech Film Review, movie, review

Pepper de Callier: Things to Think About

On: January 11, 2021
In: Columnists, Do it, Featured, Opinion
Tagged: inspiration, things to think about, thought of the day

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Columnists

Artificial intelligence as the future of (not only Czech) healthcare

By: Marek Hadrbolec
On: June 24, 2021
In: Artificial Intelligence (AI), BORN DIGITAL, Featured, Tech

Semiconductor Shortage Forces Škoda Auto to Downsize Operations

By: Alex Richardson
On: June 24, 2021
In: BORN DIGITAL, Business, Featured, Tech

Things to Think About

By: UNIMEDIA
On: June 20, 2021
In: Columnists, Featured, Things to Think About

Apple Wallet Gets New Tricks

By: Ladislav Poledna
On: June 20, 2021
In: Becoming Digital, Featured

Things to Think About – Stories

By: UNIMEDIA
On: June 14, 2021
In: Columnists, Featured, Things to Think About

A Surprising Competitor To Apple Wallet And Google Pay

By: Ladislav Poledna
On: June 13, 2021
In: Becoming Digital, Business, Featured

Things to Think About – Conscience

By: UNIMEDIA
On: June 10, 2021
In: Columnists, Featured, Things to Think About

Mobile Wallets Create The Perfect Opportunity For Small Business

By: Ladislav Poledna
On: June 6, 2021
In: Becoming Digital, Featured, Tech
View All
2020-11-30

Czech Republic

Czech company sues the European Commission over blocked subsidies

By: remix
On: May 26, 2021
In: Czech Republic and the EU, Featured, News

North Macedonia Gets EU Backing From Austria, Czech Republic, Slovenia

By: Radio Free Europe/Radio Liberty
On: May 23, 2021
In: Czech Republic and the EU, Featured, News

Conflict of interest and misuse of EU funds: The case of Czech PM Babiš

By: Euronews
On: May 19, 2021
In: Czech Republic and the EU, Featured, News

MEPs to debate EU response to Czech charge Russian spies caused deadly 2014 explosion

By: Radio Prague
On: April 28, 2021
In: Czech Republic and the EU, Featured, News, Politics
View All

About the Prague Monitor

The Czech Republic's longest-standing portal for Czech News in English. Cited by the BBC and Sky News as your authority on local Czech news.

https://www.praguemonitor.com

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The Prague Monitor
IFF Prague – Febiofest forms part of the new Ass IFF Prague – Febiofest forms part of the new Association of Czech Film Festivals.⠀ ⠀ The International Film Festival Prague – Febiofest and six other major Czech film festivals – Anifilm Liberec, Finále Plzeň, One World, Summer Film School Uherské Hradiště, Jihlava IDFF and Zlín Film Festival – have come together to create the Association of Czech Film Festivals.⠀ ⠀ This organization should enable festivals to efficiently solve the long-term problems facing the film festival scene, which have only intensified due to the complicated pandemic situation in the Czech Republic.⠀ ⠀ “I am very happy we have co-created an organization for film festivals which will also welcome other festivals as associate members. It is time we established a new, modern, professional system for financing film culture in the Czech Republic. Film festivals, who by bringing the best, most interesting productions from around the world contribute to the development of complex critical thinking in young people, are undoubtedly an intrinsic part of this,” says IFF Prague – Febiofest’s director Kamil Spáčil.⠀ ⠀ The issues facing Czech film festivals had been mounting even before the pandemic hit. The widening divide between growing expenses on the one hand and stagnating revenues on the other were pushing festivals – including those with years- and decades-long traditions and a loyal audience base – to the very limit of sustainable existence. The Covid-19 pandemic and the ensuing restrictions simultaneously made the problem more apparent and significantly exacerbated it.⠀ ⠀ #prague #czechrepublic #praha #travel #czech #europe #travelgram #Europe #love #praga #instagood #instatravel #city #prag #picoftheday #pragueworld
Czechs pay more for electricity than anyone else i Czechs pay more for electricity than anyone else in Europe.⠀ ⠀ People in the Czech Republic have been paying more for electricity than citizens of any other country in Europe, according to a new report from Eurostat. ⠀ As Yookee reports, Germans, for example, are paying 37% less for electricity than the average Czech. ⠀ ⠀ “After accommodating for the purchasing power of each currency to allow for country-to-country comparisons, this is by the highest price in all of Europe. This is almost one-fifth more expensive, after conversion according to purchasing power parity of the local currency, than the second-highest electricity price in the E.U,” said Lukáš Kovanda, chief economist from Trinty Bank.⠀ ⠀ According to the Eurostat data, the average Czech household was paying about 4.66 CZK per kilowatt-hour last year, and consumed between 1,000 and 2,500 kilowatts. The economist says that even without accounting for the difference in purchasing power between Czechs and Germans, Czechs are still paying a higher price.⠀ ⠀ “Electricity was much more expensive for households in the Czech Republic than for German ones, even without accomodating for purchasing power. In the Czech Republic last year, without accounting for this metric, the kilowatt-per-hour price according to Eurostat stands at an average of 0.18 Euros annually. In Germany it was 0.17 Euros,” Kovanda said. ⠀ ⠀ Eurostat’s data is showing that Czechs paying more for electricity comes despite drastically plunging electricity prices in the country.⠀ ⠀ Looking purely at numbers, Bulgaria and Hungary pay the least for electricity, but when adjusting for income and purchasing power, Luxembourg pays the least. ⠀ ⠀ #news #covid #coronavirus #media #corona #viral #breakingnews #noticias #politics #trending #new #info #tvl #business ⠀ #czechnews
Czechs still lose savings due to the lack of finan Czechs still lose savings due to the lack of financial education.⠀ ⠀ A quarter of Czechs still leave their savings susceptible to the inflation process by securing them in cash. However, they are interested in making new investments, according to the Generali Investments CEE research.⠀ Cash savings are a preferred choice for a tenth of participants, especially for those with basic education. 14 percent of the respondents prefer keeping savings in a bank account.⠀ ⠀ “More than a fifth of Czechs have over 100,000 crowns in cash or in a bank account. Their savings are also subject to inflation and lose value in real terms. For example, last year, people who saved their money that way suffered a loss of up to 3.2 percent in value due to inflation and insufficient financial literacy generally,” Peter Mederly, Generali Investments CEE’s sales director, explained.⠀ ⠀ Based on the Eurostat research, Czechs participate in investments less often than other Western European citizens. For example, in Germany, 36 percent of participants hold savings in cash while in the Czech Republic this value sits around 45%. The Netherlands showed one of the lowest results with 15 percent of those who prefer cash savings. ⠀ ⠀ As for investments, 38 percent of Czechs invest their savings. A tenth of them considers investing through specialized companies to be a rational decision. Also, cryptocurrencies became a more popular trend with 13% of male and 5,4% of female respondents preferring it as a saving option.⠀ ⠀ #news #covid #coronavirus #media #corona #viral #breakingnews #noticias #politics #trending #new #info #tvl #business ⠀ #czechnews
Czech Republic set to buy millions AstraZeneca vac Czech Republic set to buy millions AstraZeneca vaccines Denmark no longer wants.⠀ ⠀ Jan Hamáček, Minister of the Interior for the Czech Republic, has instructed the Czech ambassador in Denmark to inquire with Danish officials about purchasing AstraZeneca vaccines that the Western European country has now written off as dangerous. ⠀ ⠀ “Denmark has announced that it’s suspending the use of AstraZeneca vaccinations. I have instructed the Czech Ambassador in Copenhagen to contact the Danish authorities immediately and express the Czech Republic’s interest in purchasing all AstraZeneca vaccines from Denmark,” Hamáček said on Twitter. ⠀ ⠀ Danish officials recently announced they would be withdrawing all 2.4 million doses of the vaccine until further notice. The Danish Health Authority (DAN) said that their studies had shown a higher than normal occurrence of negative effects like blood clots and thrombosis, allegedly affecting about one in every 40,000 recipients.⠀ ⠀ Danish authorities have linked at least two cases of thrombosis to the vaccinations, one of them fatal for a 60-year old woman. Soren Brostrom, Director General of the DAN said that although it was a “difficult decision,” the country had other vaccines to choose from. ⠀ ⠀ “The upcoming target groups for vaccination are less likely to become severely ill from Covid-19,” he said. “We must weigh this against the fact that we now have a known risk of severe adverse effects from vaccination with AstraZeneca, even if the risk in absolute terms is slight.”⠀ ⠀ #news #covid #coronavirus #media #corona #viral #breakingnews #noticias #politics #trending #new #info #tvl #business ⠀ #czechnews
Positive COVID-19 tests can be harmful to children Positive COVID-19 tests can be harmful to children’s mental health.⠀ ⠀ A positive result of a regular COVID-19 test can have negative effects on the child’s mental stability, according to the Olomouc clinical psychologist Adam Suchý.⠀ ⠀ One child’s positive COVID-19 test result can send the whole class into quarantine which can provoke bullying of the “guilty” student. Currently, some students returned to schools with regular testing conditions in effect from April 12. ⠀ ⠀ Suchý noted that after a year of lockdown, children are very excited to come back. They want to become a part of their social group again, but public testing and the possibility of negative results can make them feel isolated again.⠀ ⠀ “Children have no physical problems, they feel healthy, most of them are looking forward to school for friends and socialization, and suddenly, someone marks them as sick and dangerous to their surroundings,” Suchý explained.⠀ ⠀ Children who are not the leaders of the group might feel weak when other kids blame them for yet another quarantine. According to the psychologist, it is dangerous and wrong to create an atmosphere of disrespect because not every kid can handle it correctly.⠀ ⠀ Experts offered teachers to assure children that nothing bad will happen if the results come out positive and nobody will be blamed for that. Parents also should provide emotional support to their children.⠀ ⠀ #news #covid #coronavirus #media #corona #viral #breakingnews #noticias #politics #trending #new #info #tvl #business ⠀ #czechnews
Czech Republic records the lowest number of new bu Czech Republic records the lowest number of new businesses in 12 years.⠀ ⠀ The Czech Republic saw a decrease of 11 percent in entrepreneurship in the last quarter compared with the last year’s results. Only 14 000 Czech entrepreneurs established their own new businesses which is the lowest result in 12 years.⠀ ⠀ People were not exceptionally hopeful about the first quarter of the year because they did not expect the restrictions to be over. However, according to CRIF (Czech Credit Bureau), the number of closed businesses was also low.⠀ ⠀ “In the first quarter of this year, people had little hope for an early easing of anti-epidemic measures. At the same time, they assumed that existing entrepreneurs are experiencing the worst period since the beginning of the pandemic,” CRIF analyst Věra Kameníčková explained. She added that people don’t have any confidence in the current economic situation.⠀ ⠀ The interest occurred to be low because many existing businesses operate through insufficient financial resources. Banks are reluctant to give loans, yet occasionally, crowdfunding companies can help.⠀ ⠀ “In such a situation, people’s willingness to start a new business naturally declined,” Kameníčková said.⠀ ⠀ #news #covid #coronavirus #media #corona #viral #breakingnews #noticias #politics #trending #new #info #tvl #business
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