Business
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Czech government moves to end support for renewables
In one of its major decisions since assuming office in July, the Czech government has decided to end support for most renewable sources of energy. The draft legislation…
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Business News
In Business News this week: the agriculture minister stops contracts worth a half billion crowns a study maps the role of foreign investors in domestic companies; truck…
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Report: Employees' online idling costing Czech firms billions
Czech companies lose enormous amounts of money annually due to their staff spending time on Facebook and other websites instead of working, claims a freshly released study…
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End of an era as Prague Post goes online only
After 22 years, the Czech capital’s main English language newspaper, The Prague Post, has disappeared for good from the city’s newsstands. Following publication last…
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Business News
In Business News this week: The finance ministry has released a more pessimistic economic forecast for this and next year; Reconstruction of the D1 highway has resumed…
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2013 tourist season shows promise, says travel industry analyst
The summer tourist season is half way through, and the numbers suggest it will be a good one for the Czech travel industry. Despite the protracted economic recession, the…
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Magazine: final decision on Temelín to be delayed by at least one year
A report in the weekly news magazine Euro suggests the Czech power giant ČEZ intends to delay a final decision on whether to expand the Temelín nuclear plant by at least…
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Business News
In this week’s Business News: The minimum wage will rise in August; Food prices in 2012 grew by a larger margin than in any other EU country; Czech Airlines has withdrawn…
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Reconstruction of D1 highway hits snag
Just two months after it was launched the reconstruction of the country’s main highway, linking the Prague and Brno, has hit a snag. Work on a nine-kilometer stretch of…
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Seznam begins mapping for online street-level Panorama project
The largest Czech internet portal Seznam.cz has started work on a project to put panoramic views of every street, lane and alley in the country online. Entitled Panorama…
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Business News
In this week’s business news: Unemployment falls; Czech Banking Association releases bleaker economic outlook for 2013; more Czech companies are moving to tax havens…
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What lies ahead for the Rusnok cabinet?
Though it is unclear how long Jiří Rusnok’s freshly appointed cabinet will remain in power, it will certainly face some difficult tasks. The government has pledged not to…
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