To: Bernard Levy who wrote (8517 ) 9/16/2000 2:09:14 AM From: elmatador Respond to of 12823 In the telecoms sector, Cesky Telecom -the incumbent telco- is very slow to privatize. Now -in Europe- the money is going into wireless. UMTS licences and to build 3G networks. Fixed line companies are not as attractive as they were a couple of years back. The wireless opearators here are raking in the cash profiting from the new middle class who needs phones. Cesky Telecom is still providing lousy service. That augur badly for Cesky telecom. Whgen they will sell the rest of its operations -Teledenmark has already bought part of Cesky Telecom- it will not be very high valued. Perhaps employees of such companies as Cesky Telecom will be protesting. They long for the "good" old days when people pretend they were working and the government pretend it was paying them. The top guys for communist era are still in place in many companies. Until they are removed those companies cannot shape up for the time when this contry will join the EU. I my opinion the IMF Conference is a way to boost the morale of the reformists to speed up the removal of the dead wood. Which is good for the country for the assets not rot away and lose value. 10% of the Czech population would think the return of communism would be a good idea. So we might expect some of them -mainly students- joining in the buses from West Europeans. The protesters -to warm up- are protesting Temelin Nuclear Power Plant on the border with Austria. Western Europeans don't like a new competitor setting up power plants to export electricity to Western Europe to compete with them. So the protest against Temelin is a bit self serving, I would say. This is the site about Temelin:american.edu CASE NUMBER: 223 CASE MNEMONIC: TEMELIN CASE NAME: Czech Temelin Nuclear Power Plant A. IDENTIFICATION 1. The Issue Two Soviet designed nuclear reactors in Temelin, in the Czech Republic are to be completed and renovated by I & C Energo, a joint venture consisting of Westinghouse Electrical Co. of Pittsburgh, Ceske Energeticke Zavody (CEZ), the Czech state utility, and CME, a private Czech concern. The funding for the Temelin project will be guaranteed by a loan of $317 million by the U.S. Export Import Bank (ExIm). The project has not only been approved by the ExIm, but has been endorsed by the National Security Council, the U.S. Regulatory Commission and the Clinton Administration. The Temelin reactors would generate 2000 Megawatts of electricity, of which a quarter would be available for export to Western Europe.