Business
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Pay rise for public service staff from November rubberstamped
Public sector employees can anticipate a pay rise of 3 percent next month. The previously agreed deal was rubberstamped on Monday morning, the government’s spokesman…
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Government’s decision to lift brown coal mining limits at Bílina gets mixed reactions
After years of deliberations, the Czech government on Monday voted in favour of lifting brown coal mining limits in the Bílina pit in northern Bohemia, where there are…
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Business News
In Business News this week: Czech Turbolet passenger planes could be manufactured in Russia in 2020; the average cost of a Prague taxi is 20 crowns per kilometre gas and…
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Czechs spend 5.4 billion crowns on toys
Last year Czech consumers spent a whopping 5.4 billion crowns on toys – a four percent rise year-on-year. According to the Czech News Agency, domestic manufacturers saw a…
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Slow adoption of mortgages in Czech Republic recalled 20 years later
This year marks the 20th anniversary of the introduction of mortgage loans to the Czech market. Interest rates were very high in the beginning and Czechs were slow to…
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Hot summer leads to marked hike in veg prices
The hot summer in the Czech Republic is set to impact on household budgets as relatively poor crop yields are leading to higher prices for vegetables, particularly…
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Beer giants AB InBev and SABMiller agree to merger
The world’s two biggest beer producers – AB InBev and SABMiller – have reached a preliminary agreement on a merger worth an estimated 93 billion euros. SABMiller gave the…
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First Czech trade mission in modern era aims to build on historic ties with Cuba
The first official delegation of Czech entrepreneurs to visit Cuba for decades left for the communist country on Monday. More than 20 Czech companies are taking part in…
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Business News
In Business News this week: Czech unemployment rate at lowest level since March 2009; Czech consumer annual prices growth accelerates to 0.4 percent; number of Czechs…
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Czech Post facing court action over alleged discrimination in salaries
The state-owned Czech Postal Service faces court action over alleged discrimination in salaries. Employees in Moravia say they will sue the company after finding out that…
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Czech prime minister’s reputation on line in privatisation court case
Eleven years after the event a court will start proceedings over the privatization of Czech hard coal mining company OKD. And one of those following the trial closely will…
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TTIP due to be given Czech seal of approval
The US has just hammered out one trade agreement stretching across the Pacific. But the much discussed wide ranging agreeement across the trans-Atlantic with the EU is…
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