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Places in News

  • IASbaba
  • September 6, 2022
  • 0
Geography
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Prague

In News: Over 70,000 citizens of the Czech Republic gathered at the heart of the nation’s capital Prague in a protest against their government’s failure to control soaring energy prices.

  • The protesters also openly voiced their anger against NATO and the European Union.
  • The demonstration held is being seen as the largest show of public discontent in recent times against the cost-of-living crisis that has deepened in Europe amid the Russia-Ukraine war.
  • The Czech inflation is currently at its highest since 1993, and is expected to touch 20% in the coming months.
  • A key contributor to the double-digit inflation crisis is Russia’s decision to cap gas supplies to Europe, which has sent energy costs through the roof.

Russia-Ukraine war, and why Prague matters

  • Czech Republic is a member of both the European Union and NATO.
  • It has been one of the most strident supporters of Ukraine since the war began.
  • It currently holds the EU’s rotating presidency, and therefore is more diplomatically noticeable in the bloc’s efforts to project unity in the time of war.
  • Till mid-August, around 4,13,000 refugees – nearly 4% of the country’s population — had been registered in the Czech Republic.
  • The opposition to Russian aggression also comes from the historical reference point of the Prague Spring of 1968 when Soviet tanks rolled into then-Czechoslovakia to crush an uprising demanding a rapid transition to democracy.

Source: Indian Express

 

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