| TRENDS >
Written by: Martin Zika
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Karel Šanda |
SOCIETY: There are fewer and fewer
of us
According to a report published by the Czech Bureau of Statistics
(ČSÚ), in the first three months of 2002 the number of Czech residents
experienced the biggest decrease since 1990. The number dropped
by a record 10,400, which means that 10,259,282 people are currently
residing here, the lowest figure since 1978. According to statisticians,
the main reason for this is the tightening of the law on foreigners'
residency - in the first three months of this year 9,850 foreigners
left the country, with only 3,198 moving here. Also, 3,800 more
people died than were born here. Although 515 more births were recorded
in the first three months than during the same period last year,
statisticians say that this does not mean that the Czech Republic
will overcome the critical birth rate of the last few years, which
is lower than the EU average. According to the ČSÚ, this country
is following demographic trends common throughout Europe.
ADVERTISING: The fate of unsolicited
ads
On 1 June the amended law on the regulation of advertising took
effect, and it should afford citizens better protection against
unsolicited advertising leaflets. If a citizen marks his mail box
with a request that no advertising materials be placed in it, or
directly notifies a firm that he wants his address to be stricken
from its database, his wishes must be obeyed. Otherwise, he can
complain to the commercial licensing office, which should then commence
administrative proceedings. According to Hana Šatopletová of the
legislative department of the Czech Ministry of Trade and Industry,
the amendment was adopted because of frequent complaints from citizens.
Šatopletová says that in order for the administrative proceedings
to take place, there must be evidence that the citizen did not want
the advertising material. The amendment also relates to e-mail correspondence,
although this problem is more complicated, as a large percentage
of electronic communications come from abroad. Experts believe that
the amendment should at least prevent the problem from becoming
worse.
STOCK MARKET: The Czech stock
exchange plunges
The volume of trades on the Prague Stock Exchange decreased last
year by more than half, and last year's profit was off CZK 11 million.
This is definitely bad news for the Prague Stock Exchange. In addition,
there was more bad news a few days ago - Česká spořitelna, whose
shares were among the most liquid, left the exchange. Another candidate
for leaving will probably be České radiokomunikace, and there is
also talk about other companies. According to experts, the Prague
Stock Exchange could be saved from this critical situation by merging
with another market or by the entry of a strategic partner.
But as the stock exchange's boss Pavel Hollman says, no negotiations
to such an end are underway. However, negotiations are being conducted
with Česká spořitelna's owner, Erste Bank of Austria, which has
expressed interest in placing its shares on the Czech market, and
according to Vladimír Ezr, the deputy general secretary of the Prague
Securities Exchange, these negotiations are proceeding successfully
for now.
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