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Vaclav Klaus, president of the Czech Republic and a staunch opponent of the proposed E.U. constitution, was in the U.S. last week peddling his book On the Road to Democracy: The Czech Republic from Communism to Free Society. Before meeting with President George W. Bush at the White House, he stopped by TIME's Washington bureau for a chat...

Author: /time Magazine | Title: 10 Questions For Vaclav Klaus | 3/13/2005 | See Source »

...main issue is the attempt to control the European Central Bank. The much bigger issue is the French position on all sides of the political spectrum about fiscal policy and taxation. They want to harmonize taxation. They call the different tax rates [in new member states like the Czech Republic] "tax dumping...

Author: /time Magazine | Title: 10 Questions For Vaclav Klaus | 3/13/2005 | See Source »

...CZECH POLICE TRAINING GOING IN IRAQ?I was in Jordan recently and met a group of our Czech instructors who were training the Iraqi policemen. They were absolutely frustrated - not with the quality of the people and their ability to learn, but they were telling us that 80% of the people disappear in a couple of days. They just use it as a way to get some salary and then they disappear...

Author: /time Magazine | Title: 10 Questions For Vaclav Klaus | 3/13/2005 | See Source »

...million. And because Ukraine was late in starting a large-scale privatization program, and is nowhere near completing it, the amount of foreign direct investment into the country - about $1.4 billion last year - is just a fraction of the amount that has flowed into Poland, Hungary and the Czech Republic since the early 1990s. Thus, how Yushchenko's government handles firms such as Kryvorizhstal is a "critical issue," says Julian Exeter, a senior economist and Ukraine specialist at the European Bank for Reconstruction and Development (ebrd) in London. "There's a need for some clear criteria about what cases they...

Author: /time Magazine | Title: Forging Ahead | 3/6/2005 | See Source »

...Yushchenko pledge. Yuri Kravchenko, who was the country's Interior Minister when Gongadze was killed, was found dead last week, just hours before he was due to give evidence in the case. Kuchma returned to Kiev on Saturday from the Czech Republic, and Yushchenko told Ukrainian TV that the former President's testimony "appears extremely important for the resolution of the case." In the longer term, boosting international confidence in Ukraine's economy will be crucial. Critically, outside experts say the country needs to improve corporate governance and the functioning of the nation's puny financial markets. Investors currently have...

Author: /time Magazine | Title: Forging Ahead | 3/6/2005 | See Source »

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