The foreign minister of the Palestinian Authority is due to pay a working
visit to the Czech Republic next Monday. Riyad Al-Maliki will be received
in particular by his Czech counterpart, Tomáš Petříček.
The foreign ministers are expected to discuss the Czech Republic’s humanitarian and development assistance to the Palestinian Authority, opportunities for bilateral trade and the Middle East peace process in general. While in Prague, Riyad Al-Maliki is also scheduled to meet the ambassadors of the Arab League countries.
Last year Palestine withdrew its ambassador from Prague after Czech politicians expressed support for the opening of a US embassy in Jerusalem. Moving the Czech embassy in Israel from Tel Aviv to Jerusalem, supported by Czech president Miloš Zeman, would be considered a violation of international law, Palestine says.
The Czech National Bank (ČNB) has warned a large amount of counterfeit 500
crown and 1,000 crown banknotes have appeared in several Moravian cities,
including Brno, Ostrava and Olomouc.
The central bank said the counterfeits are of poor quality, having been printed using inkjet technology, and the colours are off. In addition, the fake bills lack basic security features such as watermarks.
In previous years, the bill most often copied was the 2,000 crown note.
Of the 58 people who died in accidents on Czech roads in June, 17 were
motorcyclists, according to traffic police.
In total, there were 11 more traffic fatalities for the month than a year ago. The number of victims since January stands at 235.
Traffic police say heat waves could have been a contributing factor, as they can reduce drivers’ vigilance.
The Czech leading purchasing managers’ index or PMI fell to a near
10-year low in June due to a faster-than-expected decrease in production
and a fall in new business, Markit said on Monday.
Czech PMI, at 45.9 points in June, has now contracted for six months in a row. As in previous months, the development was fairly consistent with relevant PMIs from abroad, mainly Germany.
The rate of contraction quickened to the fastest since December 2012. The decline was linked to weaker foreign and domestic client demand, Markit said.
Nearly every other Czech spends their summer holidays in this country while
more than a third prefer to head to the sea, according to a June survey by
NMS Market Research.
Top domestic destinations include weekend cottages, historic castles and chateaux, and the mountains. Fewer take city trips.
Just over half of Czechs polled say they want to simply relax on holiday, while 11 percent prefer taking part in leisure time activities.
The Czech Republic's government debt rose by CZK 4.7 billion year on
year in the first quarter of 2019. The debt now stands at CZK 1.837
trillion, according to Czech Statistical Office data.
Compared to the fourth quarter of 2018, debt increased by CZK 101.9 billion, and the debt ratio increased by 1.43 percentage points. The debt ratio is now 33.99 percent of GDP, down 1.8 percentage points in annual terms.
The Czech Republic has among the lowest debt to GDP ratio in the European Union. Only Estonia, Luxembourg and Bulgaria surpass it.
A transformer station fire on Sunday evening caused a power outage
complicating operations at the Prague metro. The Palmovka and Náměstí
Míru stations experienced service delays of up to half an hour between 9
p.m. and 10:30 p.m.
The cause of the power failure was a fire at the insulator in the Teplárenská street transformer station. After disconnecting the current, firefighters extinguished the flames using foam.
Sunday was the warmest day ever recorded at Prague's Klementinum, the
oldest Czech monitoring station. The temperature reached 37.9 degrees
Celsius, the highest since measurements began in 1775.
The temperature exceeded highs recorded at the monitoring station in July 1983 and July 2013 by a tenth of a degree.
The previous record for the 30th of June at Klementinum was 35.7 degrees, set in 1950. The previous record for June was 37.5 degrees, set last Wednesday.
ArcelorMittal of India, the world’s largest steelmaker, has completed the
sale of its Czech unit in Ostrava to Liberty House.
The steelworks’ new owner, Indian billionaire Sanjeev Gupta, has pledged not to cut production or close down the plant, which employs more than 7,200 people in a region with high unemployment.
Czech union leaders had claimed that Liberty House’s plans for the developing the steelworks were unsustainable and inconsistent with EU requirements.
The union OS KOVO argues Liberty House has failed to meet EU criteria in several key requirements, among them that the buyer be independent and unconnected to the vendor and have the money and know-how to ensure the business remains viable.