Today: Toronto Sun - Czech capital on alert as floods sweep central Europe, Jun 03, 2013

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Jun 3, 2013

Toronto Sun - Czech capital on alert as floods sweep central Europe, Jun 03, 2013


 "PRAGUE - Volunteers piled up sandbags to keep a swollen river from overwhelming the Czech capital’s historic centre on Monday after floods across central Europe forced factories to close, drove thousands from their homes and killed at least seven people. Five people were killed at the weekend in the Czech Republic, where the flooding was the worst in a decade and a state of emergency was declared, while in Austria two people died and another two were missing. The flooding, which also affected parts of Germany, Slovakia, Hungary and Poland, sent shares in reinsurers Munich Re and Hannover Re down by about 2.5%, with markets anticipating big claims from property owners once the waters recede. Carmaker Volkswagen temporarily shut its plant in Zwickau, in the eastern German state of Saxony, because the flooding stopped workers reaching the factory."
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