TITLE

RISK SUMMARY: CZECH REPUBLIC

PUB. DATE
April 2005
SOURCE
Emerging Europe Monitor: Central Europe & Baltic States;Apr2005, Vol. 12 Issue 4, p6
SOURCE TYPE
Country Report
DOC. TYPE
Country Report
ABSTRACT
The article provides information about political, economical and business development news related to Czech Republic. Former health minister and senior Social Democrat (CSSD) deputy, Jozef Kubinyi, has quashed rumors he intends to leave the party. The rumors began circulating following Kubinyi's failure to attend a crucial vote on government proposals to ban hospitals from becoming businesses. The foreign trade deficit narrowed sharply in 2004 in 2003. This was the lowest outturn since 1993. The central bank expects to see a further narrowing of the deficit in 2005, with a slight surplus in 2006. Parliament has passed a bill on renewable sources of energy despite opposition protests. The new legislation will guarantee that small power stations are able to purchase renewable energy at fixed prices for 15 years.
ACCESSION #
16590098

 

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