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News of the resignation of Finance Minister Pavel Mertlik broke on Tuesday. But it was not until Wednesday afternoon that Mr Mertlik held a press conference to explain the reasons for his decision, reports. Apart from - in his view - unnecessary delays in key privatisation projects, Mr Mertlik complained of a lack of support from Prime Minister Milos Zeman.

Thursday's edition of the daily carries fresh statistics revealing how Czechs spend their money. An average Czech family spends about 20 percent of their monthly expenditures on food, with accommodation payments in second place. But only 0.5 percent is spent on education. From these statistics, it would appear that education is not a high priority for the Czechs. spoke to economic analyst Jan Sykora of Wood & Company, and asked him for his opinion on these results: