Final Word from Thursday, August 17, 2023

Le Figaro was rather nice to Daniel Křetínský last month in assessing his plans for Casino retailer and meant it as a compliment when it said that he's becoming the new tycoon of French capitalism. Le Journal du Dimanche, just off a five-week strike over the appointment of its new hard-right editor-in-chief, took a much more skeptical view of Křetínský this week. We might not know the exact origin of his fortune, the weekly said, but we know that his meteoric rise in France and the expansion of his influence there began with Emmanuel Macron's ascension to Élysée Palace. The magazine, like a large group of right-leaning politicians, is worried about the national-security implications of Křetínský's plans for Atos/Eviden. Czechs who know that the origin of Křetínský's fortune is ČEZ might look at it somewhat differently. They might wonder to what extent Czech national interests could be enhanced if Macron and Křetínský brought their countries' nuclear/military sectors closer together. [ Czech Republic supercomputing deterrent deterrence ]

Glossary of difficult words

to assess - to evaluate or estimate the nature, ability or quality of;

tycoon - a wealthy, powerful person in business or industry;

meteoric - very rapid;

ascension - the action of rising to an important position or a higher level;

to enhance - to intensify, increase or further improve the quality, value or extent of.


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