Czech state-run power group ČEZ said Tuesday it had raised both profits and sales in the first quarter on higher power prices and increased output in its two nuclear plants, AFP reported.
Ukraine cannot join NATO or become part of the European Union as long as an armed conflict continues in the southeast of the country, Czech Prime Minister Bohuslav Sobotka said on Sunday, Itar-tass reported.“I believe both NATO and the European Union should have given realistic hopes (to Ukraine),” said the prime minister after getting back to the Czech capital following an EU summit.
In an interview with the Austrian Profile daily, the Czech head of state Miloš Zeman says he considers inappropriate the provision of financial assistance to Greece and Cyprus. “I can not imagine how the Czech Finance Minister will agree with the aid for Cyprus and Greece,” Zeman said. Once again he confirmed that Prague intends to introduce the euro in the next five years.
The unemployment rate in the recession-struck Czech Republic rose to 8.5 percent in October from 8.4 percent in September and 8.3 percent in August, official data showed on Thursday, AFP reported.