Czech billionaire sets aside business for power politicsThe Czech Republic's second richest man whose fledgling party came in second in parliamentary elections, Andrej Babis, said Monday he is setting aside his business portfolio to take up a political one, as finance minister.
China sniffs out EEurope investment opportunitiesChinese Prime Minister Li Keqiang arrives in Romania on Monday ahead of a summit with 16 Central and Eastern European leaders keen to woo investment from the world's number two economy.
25 ноября 2013
Czech party leader haunted by ghosts of communist pastUnwelcome spectres are coming back to haunt Czech billionaire Andrej Babis, who emerged as a power broker in recent elections but is facing allegations he collaborated with the communist-era secret police.
Ikea recalls children's beds due to laceration hazard The world's leading furniture chain Ikea on Thursday issued a recall of two models of children's beds after several reported cases of a broken metal rod that exposed sharp edges.
Czech PM Necas quits amid corruption scandal Czech Prime Minister Petr Necas said Sunday he would step down amid a massive corruption scandal in which his top aide -- and alleged lover -- was indicted for bribery.
Hungary evacuations as flood waters surge toward Budapest Hungary began evacuating villages and reinforced leaking dykes along the rising Danube River on Saturday, as central Europe's worst floods in over a decade headed toward Budapest.
09 июня 2013
Four dead, many missing in central Europe floods Four people have died and at least eight more were missing Sunday as torrential rains lashed central Europe, forcing hundreds to evacuate their homes after floods and landslides.
03 июня 2013
Iraq to restore ancient arch to woo back tourists Iraqi authorities have contracted a Czech firm to carry out a 10-month restoration of the ancient Arch of Ctesiphon as part of a plan to boost tourism to the once-popular site.