Czech lawmakers protested against a visit by the Communist Party’s leader to Moscow at the invitation of Sergei Zheleznyak, deputy speaker of the lower house of Russian parliament, who’s under sanctions over Ukraine.
Czech billionaire Zdeněk Bakala agreed to restructure the debt of unprofitable coal miner New World Resources Plc (NWR), doubling down on a company that, in its heyday, made him one of the country’s richest men.
Czech police charged five people for alleged fraud in the procurement of tickets for Prague’s public transportation company, prosecutors said. The charges against the five unnamed people include collusion and mismanagement in finding a ticket supplier for the Czech capital’s metro, tram, and bus systems, prosecutor Adam Borgula said in a statement published on the website of Prague’s High Prosecutors’ Office.
The Czech Republic aims to increase the share of nuclear power in its energy mix even as neighboring Germany plans to shut down all of its atomic plants and prices of European electricity hover close to all-time lows.
Václav Klaus, who refused to fly the European Union’s flag above his Prague castle residence, leaves as Czech president today after a decade of criticising the 27- nation bloc.