Business
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Economic crisis has negative impact on work attitudes
One of the country’s frequently stated assets in attracting foreign investment has been its skilled and relatively cheap work force. However the outcome of a study by…
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Prime minister unveils plans to fight tax fraud
Improved tax collection is one of the mainstays of the new centre-left government’s policy programme and many of its promises of improved social welfare hang on its…
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Major investment projects and jobs boost in the pipeline
Significant investment decisions are on the horizon which could bring billions of crowns worth of inward investment and thousands of jobs, but they are unlikely to be the…
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Business News
In this week’s Business News: economy enjoys late spurt; depressed construction sector managers falsify figures; low rates hit big banks; iconic porcelain producer hikes…
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‘Godfather’ Rittig arrested as police probe Prague transport ticket scam
Police made a key arrest on Thursday as they try and unravel a convoluted case involving the company that runs Prague’s metro, trams and buses. Each time anyone buys a…
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Czech authorities considering state-supported household services as a means of lowering unemployment
With unemployment having reached an all-time high in January the authorities are looking for ways to create new jobs in the worst-affected regions. One of the projects in…
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Czech firms seek greater government backing to boost Russian trade
Czech exports to Russia have grown in value by more than ten times in the past decade. Czech companies see Russia as a key target territory, and are now seeking the…
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Inflation in January at lowest level since 2009 but deflation avoided
Year-on-year inflation in January fell to 0.2 percent from December’s figure of 1.4 percent, according to figures released on Tuesday by the Czech Statistics Office. Last…
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Czech-Polish relations sour over food export suspicions
Phrases about friendship being cemented by food do not hold true of the current relations between the Czech Republic and Poland. Tensions over Polish food exports have…
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Czechs respecting Schengen open space but keeping tight rein on non-EU migrants
Switzerland’s vote in favour of imposing quotas on EU migrants has put migration issues very much in the spotlight. While the Czech Republic has criticized the Swiss…
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ICT sector warns of competitive loss from government cold shoulder
Scandal rather than success and savings appear to be the words most frequently linked to Czech attempts to employ information and communications technology advances in the…
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Czech unemployment figures shoot through 600,000 mark to new record
Relief from the Czech Republic’s record jobless total could come as soon as next month, though a sharp decline is not expected until seasonal work starts to kick-in during…
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