Articles for category: Politics

Petr Dubinsky

Jiřikovský Bitcoin Raid Leads to Dramatic Escape Attempt

A billion-dollar cryptocurrency donation that has rocked the Czech government took a dramatic turn Thursday night when police arrested the bitcoin donor after he allegedly tried to escape by fleeing to a rooftop. The Background The controversy centers on a massive bitcoin donation worth billions of Czech crowns that was accepted by the Czech Ministry ...

Czech National Bank

CNB lowers interest rate to 4.75%

The Banking Council of the Czech National Bank (ČNB) today reduced the base interest rate by half a percentage point to 4.75 percent. Jakub Holas, director of the CNB’s communications department, informed about it. The rate reached its lowest level since the beginning of April 2022. The CNB’s decision slightly surprised the financial market, analysts agreed. Before ...

Matt Atlas

Czech foreign minister unveils priorities for EU presidency

Czech Foreign Minister Jan Lipavsk detailed his ministry’s priorities for the Czech Republic’s impending EU Presidency. He emphasized the importance of continuing to assist Ukraine, strengthening the EU’s military and security mechanisms, and promoting democratic institutions and the rule of law. The Czech foreign minister stated that his country is prepared to take on the ...

Matt Atlas

Former Czech prime minister, Andrej Babiš to face trial on fraud charges 

Allegations involve a farm that received subsidies after its ownership was transferred to Babiš-owned Agrofert Former Czech Prime Minister Andrej Babi will stand trial after being indicted in a European Union subsidy fraud case. The Czech parliament had earlier voted to remove Babi’s immunity, prompting the public prosecutor in Prague to charge the populist billionaire. ...

Editor

STAN Calls on Racist Mayor to Drop Out of Race

The “Mayors and Independents” (STAN) movement in the Czech Republic has called on the Mayor of Poděbrady, Jaroslav Červinka to withdraw as a candidate in the local elections this September because of racist remarks he recently made. During a local assembly meeting, Červinka indicated his support for the idea that Romani people should be shot dead.   “We have ...

Petr Dubinsky

Second Covid-19 Boosters Approved to Protect Vulnerable Population

A second booster vaccine against COVID-19, effectively a fourth jab, is being made available to all adults in the Czech Republic from Monday. During an announcement on Monday in Prague, the Health Ministry said the booster can be obtained from doctors or hospitals without pre-registering, under conditions only that the third jab was administered at ...