Word: czechs
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Dates: during 2000-2009
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...patriarchs of the families that control the two iconic German companies. Now, VW and Porsche will enter weeks of intense talks to thrash out the final structure of a merger that will add Porsche as a tenth brand to VW's stable, which already includes Audi, Bentley and Czech manufacturer Skoda, as well as the VW brand. (See the 50 worst cars of all time...
...Youth Around the Globe: "Being a bully or being bullied is not uncommon. Around one in 10 OECD children is a recent bullying victim... Greece and Austria have the most bullies, whereas Sweden, the Czech Republic and Iceland have the least. Perpetrators and victims of bullying are more likely to be boys than girls. Only in Hungary and Greece are girls victims of bullying more often than, or equal to, boys. There are no countries with more female than male perpetrators. ... Underage drinking is a big problem in the United Kingdom. Although rates have fallen since 2001/2002, in 2005/2006...
...course, not all Eastern European economies are the same. If we consider the Czech Republic, Poland, and Hungary, it becomes clear that the last has taken much more debt from foreign markets—in a way that may have been problematic even without a global economic crisis. But, in the current scenario, investors that had previously been attracted to the generous interest rates of the region have fled as fast as possible. And very few remain, making it very hard for these countries to roll over debt or put in place counter-cyclical measures to ease the effects...
...across Eastern Europe, few people have time to be ponder such facts. The Polish zloty has lost a third of its value against the euro in just a few months, but that has not made its exports more competitive, since they have plunged along with global economic trade. The Czech Republic, arguably one of the most respectable governments in the region, has seen its prime minister resign right in the middle of its European Union presidency—what was a time to shine internationally has become a time for embarrassment as the Parliament looks for a new coalition leader...
...Czech Republic, Hungary, and Poland are all scheduled to go ahead with a rather long process of monetary convergence in order to join the euro, overseen by the ECB. But, as it turns out, the current crisis renders impossible many of the conditions implicit in the plan, particularly when it comes to fiscal balance (which everyone is throwing by the wayside) and indebtedness (which has been a problem for a long time in the region). The problem is significant because, if things continue deteriorating, it may pull the region farther and farther away from Europe, in a way that could...