Business
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Government makes significant concessions on S-Card system
Few of the government’s social reforms have aroused as much opposition as the controversial S-Card system; a new electronic system streamlining social and welfare benefit…
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Analyst: Project to expand Temelín should be put on hold
The project to build two new reactors at South Bohemia’s Temelín nuclear power plant represents a huge investment. But the massive project may never get off the ground…
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Westinghouse win would enhance your energy security, Clinton tells Prague
US Secretary of State Hillary Clinton arrived in Prague on Monday, on the first leg of a European tour. At meetings with Czech officials, Secretary Clinton made a pitch…
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Business News
In Business News this week: MPs debate draft budget for 2013; OECD cuts Czech growth forecast for this and next year; Prague Stock Exchange introduces new trading system…
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Business News
In Business News this week: the Czech cabinet approves a draft budget for next year; CEZ has problems in Albania – and a bid for a power plant at home; the Czech Republic…
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Czech government moves to protect whistleblowers
With corruption perceived as one of the country’s most serious problems, the Czech government has now moved to give whistleblowers greater legal protection. While it hopes…
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OECD’s Jens Arnold: raising VAT rates “lesser evil” for economic growth
The Czech economy has now been in recession for 15 months, which is the longest period since the late 1990s. The ongoing crisis in the eurozone, low household demand as…
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Millionth internet site with Czech .cz domain name registered
The Czech internet reached a significant milestone this week, when the one millionth website with the country domain name ending of .cz was registered. The announcement…
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No windfall likely for Czech tennis despite historic team successes
The Czech Republic’s tennis players have won every single team competition they’ve entered this year: the Hopman Cup, the Fed Cup and – just this Sunday – the Davis Cup…
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Business News
In Business News this week: The Czech economy is in recession for the fifth quarter in a row; every other Czech household has no system for organising its monthly budget…
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After decades of devastation, finally some hope for historic Kyselka spa
At the turn of the 20th century, Lázně Kyselka, just outside Karlovy Vary in western Bohemia, was a fashionable spa resort. Today, it is a ruin on the verge of total…
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Veto of film incentives ignores economic benefits, says producer Matthew Stillman
Czech President Václav Klaus this week vetoed a bill which would enhance state support for Czech filmmakers and increase tax incentives for foreign film productions. The…
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