Ceske drahy, a railway company, increased prices of its services. A typical railway fare rose by 7%. Pavel Tesar, spokesman of Ceske drahy, said, that the company adjusted its prices to offset an inflation.
Argentinean economy will not emerge from the recession this year. Jorge Todesca, a deputy minister for economy, said that the Argentinean GDP should fell by 5% despite a depreciation of the peso.
Martin Tlapa, CEO of the government agency CzechTrade, said, that the Czech Republic's trade with the European Union has never been better than in 2001, when the Czech Republic posted a surplus of CZK 16bn, up from the previous year's deficit of CZK1bn.
Vaclav Klaus, chairman of the Chamber of Deputies, expressed his opinion that Monday's intervention of the Czech National Bank against the strong Czech currency was not successful. He discussed this issue CNB governor Zdenek Tuma on Friday.
The Bavarian Prime Minister Edmund Stoiber has written to the Czech Prime Minister, Milos Zeman, demanding that Zeman should retract statements he recently made about the Sudeten Germans. Zeman described them as traitors and Hitler's fifth column. ODS criticizes the social democrats for the worsening of relationships with Germans and Austrians.
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