CEZ considers sale of power plants to Czech Coal
Czech power group CEZ has renewed talks with Czech Coal over supplies and is also considering selling its Pocerady and Chvaletice electricity plants, newspaper Hospodarske Noviny reported on Tuesday. The two companies ... 

Source http://www.reuters.com/article/2012/01/31/cez-czechcoal-idUSL5E8CV1AG20120131

Czech Republic refuses to join EU fiscal pact
The Czech Republic joined Britain in refusing to sign up to an EU pact on fiscal discipline on Monday, Sweden's prime minister said, but diplomats indicated that Prague may still change its mind. "All countries declared their intention to take ...

Source http://news.ph.msn.com/business/article.aspx?cp-documentid=5823880

Czech violinist Ivan Zenaty joining faculty at Cleveland
Ivan Zenaty, an admired Czech violinist and teacher, will join the violin faculty at the Cleveland Institute of Music this fall. Zenaty is the second major faculty appointment that Joel Smirnoff, the institute's president, has announced in ...

Source http://www.cleveland.com/musicdance/index.ssf/2012/01/admired_czech_violinist_ivan_z.html

Westinghouse Announces Exclusive MOU With Czech Firm
Westinghouse Electric Company today announces the signing of an important and exclusive Memorandum of Understanding (MOU) with Czech company Metrostav a.s., in preparation for the potential construction of W ... 

Source http://finance.yahoo.com/news/westinghouse-announces-exclusive-mou-czech-180000065.html

Czechs balk at lending IMF money to help eurozone
The Czech Republic's prime minister says his country will not contribute €3.5 billion ($4.5 billion) to the International Monetary Fund as part of efforts to stabilize the European debt crisis, saying the sum would have to be "significantly lower."

Source http://www.msnbc.msn.com/id/46039197

Explosive Czech Petra Kvitova is planning
Explosive Czech Petra Kvitova is planning to blast her way through the deadliest women's draw in Australian Open history. Believing she has the power game to reign on every grand slam surface, Kvitova won't die wondering in her pursuit of Open ...

Source http://msn.foxsports.com/tennis/story/Explosive-Czech-Petra-Kvitova-is-planning-17502294

Facebook group wants Czech leader renamed Havel
A petition poking fun at a drive to rename everything in the Czech Republic after the late former president Vaclav Havel has become a Facebook hit: now they want President Vaclav Klaus renamed too. By Wednesday, a tongue-in-cheek petition calling for the ...

Source http://news.yahoo.com/facebook-group-wants-czech-leader-renamed-havel-003530117.html

"No big plan needed for potential euro breakup"
The Czech central bank is thinking about the consequences of a potential euro zone breakup, but the state of the the country's economy means it does not need a "big plan", central bank Governor Miroslav Singer said on Wednesday ... 

Source http://www.cnbc.com/id/46036860/No_big_plan_needed_for_potential_euro_breakup_Czech_cbanker

Czech cbank chief: new orders only encouraging signal
VIENNA, Jan 18 (Reuters) - Czech companies continue to receive new orders, which is the only encouraging factor in the central European economy, central bank Governor Miroslav Singer said on Wednesday. "It still seems that companies have orders, which is ...

Source http://www.cnbc.com/id/46036730/Czech_cbank_chief_new_orders_only_encouraging_signal

Morning Briefing: Polish Labor Data, Czech EU Support Eyed
Polish labor market data Wednesday may provide regional markets with further proof that the European economic cooling is impacting central Europe's largest country, while the Czech government will discuss euro-zone bailout plans. Poland's ... 

Source http://blogs.wsj.com/emergingeurope/2012/01/18/morning-briefing-polish-labor-data-czech-eu-support-eyed/

Renting car in Europe difficult in any country
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Travel Q&A .By Ann Tatko-Peterson, Contra Costa Times

Q: We will be traveling in Europe, including the Czech Republic and Hungary, in May. We were told it is difficult to rent a car if your itinerary includes Eastern European countries. Is this true? If so, any suggestions as to how to travel to and in those countries?

A: Adding Eastern European countries to your itinerary won't make renting a car more difficult. Many rental companies now service the large cities in Eastern European countries, including Prague in the Czech Republic and Budapest in Hungary.
The problem is renting a car in Europe, period.

Car rentals are very expensive there because of insurance options (not all of them waivable) and fees. Renting a Ford Focus in Prague, for example, will set you back about $150 a day; renting for a week will cost $560. Those rates don't include local taxes, which can be as high as 25 percent. Unless your credit card covers collision/damage costs, you will have to buy this insurance option, too. And if you are younger than 25 or older than 60, you likely will have to buy special insurance.

That's only the beginning. Automatic cars cost more than manual. Ditto cars with air conditioning. If dropping off in a location different from the pickup, expect to pay a fee — upward of $700 for drop-offs in different countries. Also, you need a rental with unlimited mileage or the final bill could be a shocker.

you have to take into account the high cost of gas — $4.94 per gallon in Hungary, as much as $6.48 in the Netherlands — tolls on many freeways and parking, rarely free in any major city. 

Source: http://www.mercurynews.com/travel/ci_14129210?nclick_check=1

 
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