In Business News this week: following panic selling earlier in the week, the Prague Stock Exchange sees its biggest rise in almost 15 years; the number of credit cards issued rises by a whopping 40 percent in one year; Czech Railways begins selling Sky Europe flight tickets at selected train stations; and cinema takings reach record figures, with a third of viewers attending Czech movies.
Prague Stock Exchange rallies at end of turbulent week
Credit card numbers up by 40 percent in one year
Poll: most Czechs unfazed by living in debt
Meanwhile, living on credit seems to hold no fear for most Czechs: a poll conducted by the STEM agency in January suggests 68 percent think it is quite normal to take a loan from a bank. Young people seem rather more comfortable with the idea of living in debt: nearly 80 percent of respondents said they would be willing to take a loan, compared to 55 percent of the over 60s.
Czech Railways to sell Sky Europe flights at selected stations
Czech Railways is to begin selling flights on the airline Sky Europe at the ticket offices of 20 selected train stations around the country. Under a deal announced by the two companies this week flights will be sold at an advantageous price – on condition that passengers buy a rail ticket to Prague’s Ruzyně airport. Czech Railways had a similar arrangement with Czech Airlines in the past, but the latter pulled out as the deal brought little tangible result in terms of ticket sales.