Czech Republic: Russia Offers Help amid Eurozone Crisis

Russian President Dmitri Medvedev and a large financial and economic delegation are visiting the Czech Republic from Dec. 7 to Dec. 8. Hoping to take advantage of the European financial crisis, Russia has proposed three investment deals in critical sectors of the Czech economy. Although many officials in Prague are wary of Russian assistance — they know it usually comes with political strings attached — the Czechs' need for investment is growing, and they may eventually have no other choice but to accept such assistance.