Business
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Areva excluded from multi-billion dollar Temelín contract
The state-run power company ČEZ has excluded France’s Areva from a multi-billion dollar contract for the completion of the Temelín nuclear power plant, leaving just two…
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Business News
In Business News this week: Czech energy giant ČEZ excludes Areva from Temelín tender; EU stress tests reveal potential safety risks at Czech nuclear plants; largest Czech…
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Czech government eases ban on liquor sales
Czech authorities believe they have the methanol crisis under control, and they have eased the ban on spirits sales. As of Thursday afternoon, hard liquor produced before…
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President’s veto of pension reform bills “only administrative obstacle”, says manager of KB pension…
The fate of one of the Czech government’s key reforms – an overhaul of the country’s pension system – is uncertain. The bulk of the reform legislation had already been…
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Police charge two top distributors of methanol-laced liquor
The police have made a breakthrough in the investigation of methanol poisonings that have claimed 25 lives in the Czech Republic over the past few weeks. Detectives have…
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Business News
In Business News: the government-imposed ban on spirits incurs heavy losses, the Czech state-owned oil transport company Mero is to buy a minority stake in the TAL…
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Under pressure from Brussels, Czechs ban export of hard alcohol
The Czech government bowed to pressure from the European Union on Thursday evening, imposing an immediate ban on exports of hard alcohol. The ban came amidst warnings the…
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We're surviving...for now, says manager of 'Prohibition' themed cocktail bar
The Czech authorities continue efforts to restart sales of hard alcohol, with plans to ease the controversial ban on spirits introduced in the wake of the methanol scandal…
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Czech government plans to ease liquor ban
Less than a week after sales of hard liquor in the Czech Republic were banned in response to the ongoing methanol crisis, the government has announced plans to ease the…
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Have the Czech authorities failed in regulating the liquor market?
The recent outbreak of methanol poisonings from bootleg liquor has drawn attention to the Czech alcohol market and its regulation. Up to 25 percent of all spirits sold in…
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Business News
In this week’s business news: The Czech national debt has risen by almost 10 percent in the first half of 2012; Real estate prices are dropping for the second quarter this…
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Business News
The Czech GDP has fallen in the second quarter of 2012; nominal salaries grew, but not as fast as consumer prices; more Czech companies are among top earners in the region…
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