Wednesday, May 30, 2012

Radio Prague Today 5.30.2012

Articles posted today

Can Islamic banking help boost Czech exports?

A good deal of the ongoing economic and financial turmoil on world markets has been blamed on the unscrupulous practices of the international banking and financial sector. Islamic banking, on the other hand, is seen as a fairer and more balanced alternative which has been much less affected by the crisis. Can the Czech Republic benefit from a financial system based on the Islamic law? And can Islamic banking help boost Czech exports into Muslim countries? These are some of the issues debated at an international conference on Islamic banking held in Prague.

Head of government energy commission: Share of nuclear power in Czech Republic's energy mix should grow to about 50 percent

Václav Pačes, the head of a government-appointed energy commission, has presented his suggestions for the future energy policy of the Czech Republic. Among them is an increase in the share of nuclear power in the country's energy mix of to up to 50 percent over the next few decades. We spoke to Chris Johnstone, who has been covering the Czech energy market extensively for many years, about the significance of Mr Pačes's proposals, the future of nuclear power and some of the challenges that lie ahead.

Government approves bill banning bearer shares

The government of Petr Nečas approved a bill that will regulate bearer shares and allow authorities to identify their owners. If passed by Parliament, the anti-corruption measure, which was announced by Deputy Prime Minister Karolína Peake on Wednesday, will force companies to register bearer shares in a central depository kept by the stock exchange, or deposit them with banks.