Business
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Ahold CEO Jan van Dam on soaring egg prices, expired foodstuffs and the (un)changing taste of Czech…
Czech supermarket chains have taken a lot of criticism recently over a series of issues. They are being blamed for the soaring price of eggs, and they have found…
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Business News
In this week’s business news: The Czech Republics foreign debt has reached 1.873 trillion crowns, a survey finds Czech salaries are above the international average, a…
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Business News
In Business News: Industry and Trade Minister confirms that Czech Republic will try and further expand nuclear energy production; Rusatom Overseas signs memorandum with…
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Eggs in short supply following new EU directive on laying hen welfare
In the Czech Republic, egg prices have increased sharply in recent weeks as a result of a new EU directive that strives to improve conditions in laying hen farms. Since…
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Business News
In this week’s business news: Czech banks are getting ready to sign off on what could be the largest-ever club deal, negotiations between Škoda Auto management and unions…
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Government officials at odds over country’s export strategy
Two Czech ministers have clashed over how the government should support the country’s exports. Foreign Minister Karel Schwarzenberg, whose office has put a lot of effort…
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Business News
In this week’s Business News: the Czech Republic finds itself in a recession; women are earning a quarter less then their Czech counterparts; bankruptcy declaration reach…
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The Czech Republic investigates the impact of Poland's "saltgate"
The Polish media have dubbed it “saltgate” – revelations that at least three Polish companies have been selling industrial salt (normally used to de-ice roads) to milk…
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Trade union group fears that government cuts will weaken stagnant Czech economy
The Czech government is debating continued austerity measures, hoping to save 23 billion crowns in 2012, 42.4 billion in 2013 and a whopping 84.4 billion in 2014. But the…
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Business News
In this week’s Business News: the most absurd bank fee is announced; a study finds that a third of young Czechs are working flexible hours; fears that eurozone…
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Leading economist on austerity package: public sector still squandering money
The Finance Minister’s austerity plan for 2013, which includes far-reaching measures to increase state revenues and cut public spending, has raised an outcry from the…
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Finance minister tells Czechs to brace for succession of lean years
Although the Czech government has refused to sign up to the EU’s fiscal discipline pact, frugality has become the order of the day and the finance minister has warned the…
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