Meteorologists have issued a severe storm warning for most parts of the
Czech Republic, which could be accompanied by hail and torrential rain. The
storms are expected to hit the country on Wednesday afternoon and move
towards the south-west during Thursday and Friday.
Rivers and streams in the affected areas are likely to swell and possibly flood roads, streets and houses, the Czech Hydrometeorological Institute said on Wednesday.
President Miloš Zeman has set the date for the upcoming Senate and local
elections, which will be held on October 5 and 6. The date is yet to be
confirmed by the acting Prime Minister Andrej Babiš.
Czechs will vote on 27 senatorial posts that will replace one third of the 81 members of Parliament’s upper house. Senators are voted in for a six-year term and one-third of the seats come up for re-election every two years. A second round is held in case no candidate achieves an absolute majority.
The Czech Republic currently meets two out of four conditions for joining
the euro zone, according to the European Commission’s Convergence Report
reviewing member states’ progress towards euro adoption released on
The report concludes that the Czech Republic fulfils the criteria on public finances and long-term interest rate but doesn’t meet the price stability and the exchange rate criteria.
Along with the Czech Republic, the report covers another six EU member states that are legally committed to adopting the euro, which include Bulgaria, Croatia, Hungary, Poland, Romania and Sweden. The single European currency is currently used by 19 EU member states.
The South Korean Hyundai plant in Nošovice posted a net profit to the tune
of 6.69 billion crowns in 2017, a drop by 21 percent on the previous year,
according to the company yearly report released on Wednesday.
The car plant in north Moravia, which produced 356,700 vehicles last year, will downsize its production in 2018, due to a slowdown of orders on the European market.
US Oscar-winning director Barry Levinson is set to receive the Crystal
Globe for his outstanding contribution to world cinema at this year’s
Karlovy Vary International Film Festival, the festival organizers announced
Among other guests will be Danish actress Trine Dyrholm to present her film
Nico, in which she played the lead role as Andy Warhol’s muse.
This year’s 53rd edition of the festival will take place from June 29 to July 7.
Miloš Říha is likely to be named as the new head coach of the Czech
national ice hockey team, the daily Sport reported on Wednesday. The Czech
Ice Hockey Association will appoint him at a meeting in June, but according
to the daily, they have already agreed on future cooperation.
Mr Říha will replace former coach Josef Jandač, who stepped down after the world championships and he is heading to KHL’s Magnitogorsk.
Four people, including one Czech national, were arrested by Spanish police
in the town of Benidorm near Valencia over illegal drug distribution, a
Spanish website diarioinformacion.com reported on Wednesday.
The police seized 64 packages of cocaine and 400 pills of Viagra, which the group was planning to sell.
A major Czech drinks maker is considering introducing deposits for plastic
bottles, Czech Television reported. Karlovarské minerální vody, which
sells the mineral water Mattoni, produced a study with the Institute of
Circular Economics suggesting that a full third of plastic bottles in the
Czech Republic are not recycled.
The drinks manufacturer said in January that it was considering bringing in deposits for PET bottles. It has commissioned an economic analysis of such a move that should be published in the autumn.
However, the Ministry of the Environment is on the fence about the idea. A spokesperson said it welcomed moves to limit the dumping of wasted but was also concerned that bottle deposits could impact the current system.
The company R2G has made what appears to be a record acquisition for a
Czech investor in the United States, iHned.cz reported. R2G has bought
First Quality Nonwovens from the group First Quality Enterprises, which has
factories in the US and China and supplies fabrics for hygiene products, at
a cost of an estimated USD 500,000, the equivalent of almost CZK 11
R2G plans to merge First Quality Nonwovens with the Czech-based Pegas Nonwovens, which it acquired recently, to create PFNonwovens, iHned.cz reported.