Business
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Press: Time for CNB to drop weak crown policy, say small firms
Over two-thirds of small and medium-sized businesses in the Czech Republic are against a Czech National Bank policy that aims to keep the crown at a maximum of 27 to the…
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Prague was never considered bike-friendly in the past: have things changed?
In this week’s Czech Life, I talk to Vratislav Filler of the NGO Auto*Mat which advocates sustainable development in Prague. In our interview we discuss Blanka Tunnel…
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Business News
In Business News: South Korea’s Nexen Tire receives EC approval for regional investment aid; Transport minister confirms prices of highway vignettes to stay the same…
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Despite efforts to diversify, dependence on exports to EU growing
The Czech Republic has an export-dependent economy with the bulk of exports going to EU member states. The recent economic crisis and sanctions against Russia led the…
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Central bank may extend low crown policy beyond 2016
The recent strengthening of the crown has led the Czech National Bank to consider extending its low crown intervention policy until 2017, according to the head of the bank…
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Truck driver charged after misconduct at level crossing causes fatal traincrash
Three people died and others were left fighting for their lives after a train travelling at over 150 kilometres an hour crashed into a lorry at a level crossing in North…
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Commercial real estate market now growing on more solid foundations
The mushrooming of office blocks and industrial parks and warehouses around the Czech Republic, but especially in the Prague region is one of the most visible signs of…
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Czech Senator seeks scrapping of zero drink driving limit
What has the Czech Republic in common with Afghanistan, the Maldive Islands, Brazil, Armenia, and Morocco? An official zero tolerance for drink driving is the answer. But…
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New scheme allows pickers to turn mushrooms into cash
Under a freshly launched project, Czech mushroom pickers are now able to turn the hugely popular hobby into cash. The South Bohemian company České houby is now buying up…
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New Prague metro line to feature automated trains
Prague’s new planned metro line “D” will feature automated (or driverless) trains, according to the Czech News Agency. The first part of the ambitious project is to be…
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Prague Hilton Hotel sale hits legal hurdle
The announced sale of Prague’s Hilton Hotel last year appeared to stir a lot of interest from would be investors. But their appetite looks like it will have to be put on…
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Business News
In Business News: Czech Airlines posts first profit in several years; General director of AcelorMittal meets with PM; higher excise taxes on liquor and tobacco fails to…
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