Business
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Accounting for nearly 90 of Czech fish output, Xmas staple carp to go on sale this week
Sales of the freshwater fish carp, which is eaten by most Czechs for Christmas dinner on the evening of December 24, are due to begin later this week.
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Fuel prices continue to drop but vary greatly in different regions
The retail prices of gasoline and diesel in the Czech Republic have continued to decline over the past few weeks, driven mainly by falling prices of crude oil on the world…
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Business News
In Business News this week: Finance Ministry and central bank advise against setting date for euro adoption; next year’s budget criticized as “unambitious”; Czech Republic…
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Budget approved for 2015 boosts social spending but cuts investments
The Czech lower house has passed a budget for 2015 that envisages a deficit of CZK 100 billion, less than 3 percent of gross domestic product. The country’s social…
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Škoda Auto produces millionth car this year
Mlada Boleslav-based carmaker Skoda Auto has, for the first time in the company’s history, produced a million cars in one year. In a press release the German-owned…
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Palladium transaction reaffirms Prague as region’s top investment destination
The Czech Republic’s most lucrative shopping mall, Palladium, is about to change hands in what some have dubbed the deal of the year on the country’s commercial property…
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Czech-Polish food war back in the spotlight
The Czech-Polish food war which dates back to 2012 flared up anew on Monday as the Polish agriculture minister Marek Sawicki accused the Czech authorities of employing…
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Foreign ambassadors say Czech Republic is not doing enough against corruption
Ambassadors of five countries, including the US, Great Britain and South Korea, have appealed to the Czech Republic to step up its fight against corruption. The appeal was…
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Traditional approach sets new Prague fish & chip shop apart, says co-owner Matthew Salmon
Entering Ryby & Chips on Myslíkova St. in downtown Prague is akin to being teleported to a fish and chip shop in the UK or Ireland, albeit one where the menu is in Czech…
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Czech government remains opposed to EU quotas for women
The Czech government remains opposed to EU efforts to impose gender quotas for the boards of state-owned and listed companies across the EU. A vote in the cabinet on…
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Business News
In this Friday’s Business News: Average wages go up; US company fails to register spinning trademark; Čepro stores Germany’s oil reserves; bread, fish consumption down…
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Czech gas supply security will come at a price
Wanted? Dead or alive? The fate of the South Stream gas pipeline bringing Russian, or perhaps Caspian, natural gas under the Black Sea is still a moot point it seems.
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