Weak crown complicating sale of Czech combat planes to Iraq

praguemonitor.com - 5/13/2015

The weak Czech crown is complicating the sale of the Czech L-159 combat aircraft to Iraq as the state wants Penta, the owner of the mediating firm, to pay it 100 million crowns more than originally, daily Hospodarske noviny (HN) writes yesterday. The ministry agreed on the sale of 15 L-159 planes to Iraq with the Aero Vodochody aircraft maker for 750 million crowns last August.

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