Business
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Tougher sanctions against Russia a double-edged sword fear exporters
Fragile Czech growth could be wiped out if the Ukraine crisis take a worse turn and sterner sanctions are imposed by the European Union, including the Czech Republic, and…
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OECD report says poor administration, regulation are short changing Czechs of higher growth
An OECD report unveiled on Tuesday gives a stark message that many aspects of the Czech economy are performing poorly and that economic growth could be significantly…
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Czech Republic sees inequality increase as even IMF becomes worried at phenomenon
In spite of paying lip service to the principle of equality, the Czech Republic has seen an increasing trend in recent years towards the rich getting richer at the expense…
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Business News
In this week’s Business News: Czech and Slovak companies sign defense sector venture; a new state company may be created to take charge of the expansion of Temelín; Prague…
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Czech Republic seeks to boost car production, deepen dependence
In spite of warnings that it might be too dependent on the car sector, the Czech Republic would like to increase production even further with an eye on existing…
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Czech regions and cities score in ranking of foreign investment locations but fail in European…
Czech regions and cities have scored well in rankings of East European regional destinations for foreign direct investment. But in the overall European categories, quality…
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Visegrad Group makes case for easier US shale gas imports
Four central European countries have made a renewed effort to secure imports of natural gas from the United States. Amidst the ongoing Crimea crisis, the Visegrad Group…
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Czech wages fall, but not as fast as the figures suggest
Czech wage falls are not as dramatic as the latest quarterly figures suggest and the trend could help company competitiveness. But the downside is that households will…
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Škoda Auto victory over SEAT announced for key investment
The Czech Republic and local car maker Škoda Auto appear to have won the battle with Spain and auto maker SEAT to build a new large sports utility vehicle. Strong behind…
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Euro adoption back on the agenda for the Czech Republic
For most of the Czech Republic’s 10-year membership of the European Union, the single currency euro has been regarded with at best reserve and at worst the sort of…
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Many Czech mums have serious problem returning to work after maternity leave
Statistics reveal that women who go on maternity leave find it hard to return to their former jobs and face what labour market experts call hidden forms of discrimination…
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Political analyst: Europe would feel the backlash from stiffer sanctions against Russia
At an emergency summit in Brussels on Thursday EU leaders suspended talks on visa-free travel with Russia and threatened far-reaching action should Moscow take further…
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