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The European Sojourn – Wandering Solo in Vienna

The European Sojourn - Part 1 Wandering Solo in Vienna The intense planning began as soon as I had the visa. Hours of YouTube videos and tens of travelogues later, I had finalized the itinerary of the

Czech Republic sanctions Russian weapons oligarch and family members who reside in Prague

Czech power company CEZ reports 1st half of year net profit of $1 billion, 34% down year-on-year

The Czech power utility CEZ said on Thursday its net profit in the first half of 2023 reached 22.3 billion Czech crowns ($1 billion), down from 33.6 billion in the same period a year ago. The country’s main electricity producer said it attributed the 34% decline to a windfall tax on profits introduced as prices for energy soared. The Czech state, which has an almost 70% stake in the company, will receive up to 120 billion Czech crowns from CEZ this year in dividends, income taxes and levies on p

Czechs sue Russia over lease payments on embassy land

The Czech Foreign Ministry said it filed a lawsuit against Russia for compensation of 53 million crowns ($2.44 million) over lease payments on land in Prague and other cities used by the country's embassy. In May, the Czech centre-right government rescinded orders from the 1970s and 1980s, made by the country's then Communist rulers, that granted Russia the use of dozens of plots of lands free of charge. Russia would henceforth have to pay leases on the plots, the foreign ministry said after the

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