Business
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Elbe-Oder-Danube canal – logistic dream or megalomanic nightmare?
The tug-of-war continues over one of the most ambitious construction projects ever imagined, the building of a canal linking three of Europe’s mightiest rivers – the Elbe…
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Hundreds of restaurants fighting for survival as Czechs curb spending
Despite projections of economic growth, fear of the future and high unemployment is making Czechs increasingly cautious when it comes to spending. Polls indicate that in…
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UK retailer Iceland arrives in Prague, hoping for warm welcome on Czech frozen food market
The UK frozen food retailer Iceland recently opened its first store in Prague, its third location in the Czech Republic. The popular chain wants Czechs to acquire a taste…
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Czech deficit and debt growth highlighted in European Commission forecast
The latest European Commission macro-economic forecast for the Czech Republic contains few surprises, but a few figures catch the eye as possible problems as the…
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Czech National Bank content with low inflationary pressure from industry
Producer prices are one of the parameters that the central bank watches closely to get a feel of what final inflation figures it and consumers will soon face. And the bank…
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Czech industry grapples with EU climate and carbon proposals
If you want to get a Czech industrialist really inflamed, just mention the word renewables and you should succeed. Manufacturers and the Czech government are now preparing…
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Czech finance managers optimistic about the economy but shy away from extra risks
Managers holding the Czech company purse strings are upbeat about the coming year but see the main task as expanding existing and foreign markets through conventional…
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Business News
In Business News this week: CzechInvest claims annual doubling of mediated investments; developers see recovery in Prague new property market; economic crime, mostly…
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Surprise countries feature in top 2013 export successes as priority destinations deliver mixed…
Exports rose to record levels in 2013, largely thanks to a surge in the second half of the year. But some surprising countries feature in the list of biggest sales…
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Fiscal Pact is symbolic but delayed step to discipline public spending
The Czech Republic has signalled it will take steps to sign up to tough rules on public deficits and overall state debt designed with the main aim of forcing euro zone…
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Czech head of state calls for Areva return to Temelín tender
Czech president Miloš Zeman has a lot to say about most macroeconomic issues but his call for French nuclear constructer Areva to be brought back into the Temelín tender…
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State spending watchdog promised new powers
The principle Czech spending watchdog has long suffered a severe deficit in its powers. The new government promises to remedy the situation surrounding the Supreme Audit…
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