Friday, November 9, 2012

Radio Prague Today 11.9.2012

Articles posted today

Government announces second attempt to sell off Czech Airlines

The Czech government has just announced plans to sell off the country's national carrier Czech Airlines, or ČSA. A previous attempt to do so in 2009 ended in failure, when one of the two potential buyers that made it to the final round dropped out and the other made an unacceptable bid. Since then ČSA, which has been making a loss for some years, has changed significantly: it has a smaller fleet, fewer routes, and undergone restructuring that has included the hiving off of some daughter companies by its operator Český Aeroholding.

Graffiti and street art invade 'traditional' gallery space

Part of Prague's City Gallery, one of the city's best-known venues, has been turned inside out, recently launching an exhibition of work not usually restricted by gallery walls. Entitled Stuck on the City, the show brings together work of top international street art and graffiti artists, names like Swoon, Zedz, the Czech Republic's Pasta Oner and others.

Business News 9.11.2012

In Business News: energy giant ČEZ posts a 27 percent increase in profits in first three quarters of 2012; government savings bonds selling fast; unemployment in the Czech Republic rises to 8.5 percent; the first Czech branch of the Bank of Investment and Development of Vietnam opens in Prague.