Business

Finance minister calls for end to tax support for biofuel

In a dramatic about turn, finance minister Andrej Babiš says he now wants to halt tax support for biofuel from July. He has been stung by charges that prolonging support…

09:40

Sport

Ticket offer key for economics of hosting ice hockey world championships

There is no escaping the fact that the Czech Republic is hosting the current ice hockey world championships. Beer companies have fought over the rights to have the…

Business

Tension mounts over hard coal prices and future of Czech mines

World coal prices are depressed and that could push the fate of the remaining handful of Czech mines producing hard coal to the top of the political agenda again. A lot…

Business

Hungary’s MOL plans to strengthen its position on Czech market

Hungarian refinery giant MOL owns more than 300 petrol stations in the Czech Republic and is looking to further strengthen its position on the Czech market, the Czech…

Business

Labour Office changes its stance on maternity benefits for Czech mums working abroad

The Ministry of Labour and Social Affairs has made a U-turn on a thorny issue that concerns thousands of women working abroad who are planning a family. After years when…

Domestic affairs

Coalition government agrees on 70 billion crown budget deficit in 2016

After days of controversy the ruling coalition on Wednesday announced it had reached agreement on the thorniest aspect on the 2016 state budget – the gap in public…

08:36

Business

Czech Post looks to deliver new strategy

State-owned postal operator Czech Post has one of the densest branch networks in Europe for a population which is not that keen on writing letters, postcards, or sending…

04:01

Business

Why does Prague have Europe’s lowest jobless rate?

The Prague region had the lowest unemployment rate in the entire European Union last year with 2.5 percent, according to freshly published data from Eurostat. It shared…

Business

RWE sees profits slip as sell-offs, market changes, erode Czech market position

Gas giant RWE does not cut the same sort of figure it used to on the Czech market and its latest earnings figures represent a disappointment. But the biggest gas importer…