Wednesday, September 26, 2012

Radio Prague Today 9.26.2012

Articles posted today

President's veto of pension reform bills "only administrative obstacle", says manager of KB pension fund

The fate of one of the Czech government's key reforms – an overhaul of the country's pension system – is uncertain. The bulk of the reform legislation had already been approved and come into effect which means that in January 2013 people will have the right to set up individual pension accounts. But President Václav Klaus this week vetoed two bills necessary for the implementation of the new system. So what does Mr Klaus' veto mean for the future of the pension reform and where does it leave the emerging private pension funds? These are some of the questions I put to Pavel Jirák, the managing director of the Komerční banka pension fund, and a board member of the Czech Association of Pension Funds.

Václav Klaus addresses the UN for the last time as president

President Václav Klaus' speech to the UN General Assembly in New York on Tuesday placed a strong focus on Syria. But instead of calling for effective action, as some other world leaders had, the Czech president took a more cautious stance, questioning the wisdom of external military interventions.

Czech cartoon characters conquer the cyber world

Famous cartoon characters from Czech Television's bedtime stories for children called Večerníček have ventured into the cyber world. Thanks to a husband-and-wife IT team Josef Vosyka and his wife Šárka the cartoon characters have expanded far beyond Czech borders not just to entertain, but also to educate.