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 closed, drove thousands from their homes and killed at least eight people.
Six people died in the Czech Republic from the worst flooding 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 percent, with markets anticipating big claims from property owners once the waters recede.
The flooding arose from several days of torrential rainfall. In some places two months worth of rain fell in just a few days.
Carmaker Volkswagen temporarily shut its plant in Zwickau, in the eastern German state of Saxony, because the flooding stopped workers reaching the factory.
In the centre of the west German town of Passau, people took off their shoes and rolled up their trousers to walk through the ankle-deep water.
The last time central Europe saw similar floods was in 2002, when 17 people were killed in the Czech Republic, and damage estimated at 20 billion euros ($26 billion) was inflicted.
Officials in Prague, the Czech capital listed by the U.N. cultural agency as a World Heritage Site, said they did not anticipate the waters of the Vltava river would reach 2002 levels.
But they were taking no chances. They shut the metro system and, in streets near the river, soldiers put up metal fences - the sort of flood defenses ordered after the disaster 11 years ago. Elsewhere, volunteers built walls of sandbags.
Tigers at Prague zoo were tranquilized and moved out of an enclosure at risk from flooding.
Czech officials said the flood defenses in Prague should hold, but that the river level was likely to rise again on Tuesday morning. "The story is not yet over here," said Czech Environment Minister Tomas Chalupa.
CAFES SUBMERGED
The Charles Bridge, a favorite spot for tourists that dates to the 14th century, was closed. Tree trunks floated by in the muddy brown water. A riverside path that is below street level, is usually populated with cyclists and people sitting at cafes, was under water on Monday.
"We left England yesterday and it was sunny and warm. We didn't expect this, we don't even have our raincoats," said British tourist Alison Tadman, who came to Prague with her husband, Adrian, to celebrate her 47th birthday.