If one were to believe the noise coming from right-of-centre politicians in Prague, the Czechs are on the brink of a Greece-style budget meltdown, and victory by the leftist Social Democrats in a May 28-29 election would plunge them into economic collapse.
Global News Journal
After just six weeks as NATO secretary-general, Anders Fogh Rasmussen has his first crisis. The alliance may be slowly bleeding in an intractable war in Afghanistan, but the immediate cause is the U.S. administration's decision to shelve a planned missile shield due to have been built in Poland and the Czech Republic.
The Czech opposition toppled Prime Minister Mirek Topolanek’s minority cabinet on Tuesday in a no-confidence vote. Three days earlier, Hungary’s prime minister said he would resign to let someone else pull that country out of its economic mire. Although serious, the developments were far from surprising if complaints about the economic crisis by anti-government parties and disgruntled voters were anything to go by.
Poles and Czechs, their economies still relatively robust despite global recession, are up in arms about what they see as international investors’ tendency to tar them with the same brush as their more troubled neighbours such as Hungary, Ukraine and Latvia.
Russia’s angry response to an accord between Washington and Prague on building part of a U.S. missile defence shield in the Czech Republic is reminiscent of the rhetoric of the Cold War. Although Russian President Dmitry Medvedev says Moscow still wants talks on the missile shield, his Foreign Ministry has threatened a “military-technical” response if the shield is deployed.