TOP 09 calls for government regulation to prevent massive closure of unprofitable post offices

23-08-2012

The TOP 09 party of the governing coalition has called for a government regulation that would prevent a massive closure of post offices in smaller towns and villages after Czech Post’s monopoly ends in 2017. The legislation approved by Parliament in June of this year obliges Czech Post to continue all unprofitable operations for a five-year period after the liberalization and obliges all private postal services providers to pay into a fund that will cover Czech Post’s losses. TOP 09 says the 5-year period is inadequate and says a long term solution needs to be found that would encourage Czech Post to save in other ways that closing down unprofitable outlets.