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ČEZ offers price freeze amid financial crisis

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The energy company ČEZ has offered retail customers a price freeze for 2010, amid fears that high energy costs would hurt households and small businesses in the economic downturn, a company executive said Tuesday. The firm’s chief sales officer Alan Svoboda said the fixed price for 2010 would be “almost certainly” lower than the price next year. Customers can also chose to speculate on a further price fall.

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